Zscaler Inc (NASDAQ:ZS) shares tanked in early trading on Tuesday, even after the company reported upbeat fiscal first-quarter results.

The company reported its results amid an exciting earnings season. Here are some key analyst takeaways.

Scotiabank analyst Patrick Colville reaffirmed a Sector Outperform rating, while raising the price target from $195 to $205. JMP Securities analyst Trevor Walsh maintained a Market Outperform rating, while lowering the price target from $270 to $240. BMO Capital Markets analyst Keith Bachman reiterated an Outperform rating, while raising the price target from $197 to $222. Oppenheimer analyst Ittai Kidron reiterated an Outperform Buy rating, while lifting the price...