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ZS Stock Draws Multiple Target Hikes After Investor Day: Wall Street Sees AI Security Fueling $8B-Plus ARR Path
Stocktwits ·
Stocktwits reports: Zscaler Inc. (ZS) drew multiple price-target hikes on Wednesday following its Investor Day, as analysts pointed to artificial intelligence (AI) security, platform expansion and improving longer-term cash flow as potential growth drivers. Wells Fargo made the largest move among the firms, lifting its target to $260 from $215 while maintaining an ‘Overweight’ rating, according to The Fly. The firm said the event delivered a refreshed narrative with measurable growth beyond…