ZS Maintains Buy Rating by Citigroup -- Price Target Raised to $260

gurufocus.com · 2026-10-15

Zscaler (ZS) Analyst Rating Update On October 25, 2023, Citigroup maintained a Buy rating for Zscaler (ZS) while raising the price target from $245.00 to $26

TickrTrends take: Citigroup's raised price target to 260 dollars suggests analyst confidence in ZS's near-term performance, which aligns with TickrTrends' undervalued assessment of the Technology sector company. Investors focused on valuation metrics should monitor whether ZS's stock price moves toward the analyst target, as this could validate the current undervaluation designation or signal a shift in relative value. The maintenance of a buy rating combined with an increased price target provides a data point for tracking whether the market is pricing in the growth expectations that underpin the undervalued verdict.

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