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Stock impact report

Zscaler Inc. (ZS) Garnering Optimistic Views Despite Mixed Sector Sentiment [Yahoo! Finance]

Zscaler, Inc. (ZS) 
Last zscaler, inc. earnings: 2/20 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On April 15, Eric Heath from KeyBanc reiterated an Overweight rating for Zscaler Inc. (NASDAQ:ZS). However, the analyst significantly reduced the price target from $220 to $160, which still yields an upside of more than 21% at the prevailing level. Copyright: ralwel / 123RF Stock Photo The firm highlighted a survey of 36 IT and security channel partners, which indicated mixed views for the first quarter. According to KeyBanc, geopolitical uncertainty, high component costs, and continuous disruption from AI have all contributed to such sentiment. Despite these headwinds, the overall performance indicators really improved. In particular, 88% of respondents met or exceeded expectations, mostly due to early pull-forward demand for networking, server, and storage gear, as well as a marginally improved public cloud forecast. However, broader budget growth projections for 2026 drastically decreased from 5.3% to 2.5%. Additionally, the analyst has warned that roughly 20% of partners ar Show less Read more
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