7/25/2025, 1:48:00 AM | ca.finance.yahoo.com | news
JMP Securities Raises Zscaler (ZS) Price Target Amid Strong Growth Momentum
JMP Securities reaffirmed its Market Outperform rating on Zscaler and raised its price target to $355 from $310, citing the company's 25.5% revenue growth, 77.5% gross margins, and 74% year-to-date stock surge. The upgrade follows investor meetings in Los Angeles with Zscaler executives, highlighting its strong position in cybersecurity. The firm notes Zscaler's expanding product portfolio and enterprise demand, though it suggests AI stocks may offer greater upside potential.