Upgrades Neutral Buy X

ZS Zscaler

BofA Securities

$215 $240

Reiterated Outperform X

ZS Zscaler

BMO Capital Markets

$222 $233

Upgrades Neutral Buy X

ZS Zscaler

Rosenblatt

$235

Initiated Neutral X

ZS Zscaler

Exane BNP Paribas

$180

Reiterated Outperform X

ZS Zscaler

BMO Capital Markets

$208 $197

Downgrades Buy Neutral X

ZS Zscaler

BofA Securities

$195

Initiated Mkt Perform X

ZS Zscaler

Raymond James

Downgrades Outperform Neutral X

ZS Zscaler

Mizuho

$220

Reiterated Outperform X

ZS Zscaler

BMO Capital Markets

$208

Upgrades Neutral Overweight X

ZS Zscaler

JP Morgan

$205 $230

Downgrades Buy Neutral X

ZS Zscaler

Rosenblatt

$190

Downgrades Overweight Eq Weight X

ZS Zscaler

Wells Fargo

$275 $182

Upgrades Sec Weight Overweight X

ZS Zscaler

KeyBanc Capital Markets

$220

Initiated Outperform X

ZS Zscaler

Bernstein

$311

Initiated Sector Weight X

ZS Zscaler

KeyBanc Capital Markets

Reiterated Outperform X

ZS Zscaler

Oppenheimer

$245 $290

Initiated Positive X

ZS Zscaler

Susquehanna

$275

Upgrades Neutral Outperform X

ZS Zscaler

Macquarie

$166 $231

Reiterated Strong Buy X

ZS Zscaler

Needham

$210 $225

Upgrades Hold Buy X

ZS Zscaler

Jefferies

$170 $225

Upgrades Eq Weight Overweight X

ZS Zscaler

Barclays

$176 $190

Upgrades Neutral Overweight X

ZS Zscaler

Piper Sandler

$160 $190

Upgrades Neutral Buy X

ZS Zscaler

BTIG Research

$185

Initiated Outperform X

ZS Zscaler

Oppenheimer

$180

Initiated Buy X

ZS Zscaler

Rosenblatt

$135

Initiated Equal Weight X

ZS Zscaler

CapitalOne

$125

Initiated Neutral X

ZS Zscaler

Goldman

$148

Initiated Neutral X

ZS Zscaler

JP Morgan

$124

Initiated Sector Outperform X

ZS Zscaler

Scotiabank

$115

Downgrades Buy Neutral X

ZS Zscaler

Guggenheim

Downgrades Overweight Eq-Weight X

ZS Zscaler

Morgan Stanley

$162 $120

Initiated Neutral X

ZS Zscaler

Redburn

$135

Initiated Neutral X

ZS Zscaler

Macquarie

$155

Initiated Neutral X

ZS Zscaler

Cantor Fitzgerald

$160

Resumed Outperform X

ZS Zscaler

Robert W. Baird

$220

Initiated Outperform X

ZS Zscaler

SMBC Nikko

$220

Initiated Outperform X

ZS Zscaler

Evercore ISI

$235

Initiated Hold X

ZS Zscaler

MoffettNathanson

$268

Initiated Buy X

ZS Zscaler

MKM Partners

$225

Initiated Hold X

ZS Zscaler

Jefferies

$200

Initiated Buy X

ZS Zscaler

Guggenheim

$233

Downgrades Buy Neutral X

ZS Zscaler

BTIG Research

Initiated Overweight X

ZS Zscaler

Stephens

$200

Initiated Buy X

ZS Zscaler

Citigroup

$310

Initiated Buy X

ZS Zscaler

Stifel

$335

Upgrades Eq-Weight Overweight X

ZS Zscaler

Morgan Stanley

$330 $325

Upgrades Neutral Buy X

ZS Zscaler

UBS

$380 $350

Initiated Overweight X

ZS Zscaler

Wells Fargo

$400

Initiated Outperform X

ZS Zscaler

Credit Suisse

$410

Downgrades Buy Hold X

ZS Zscaler

Loop Capital

$250

Reiterated Buy X

ZS Zscaler

Canaccord Genuity

$250 $300

Initiated Outperform X

ZS Zscaler

Cowen

$225

Upgrades Mkt Perform Outperform X

ZS Zscaler

BMO Capital Markets

$202 $225

Initiated Buy X

ZS Zscaler

Mizuho

$217

Upgrades Hold Buy X

ZS Zscaler

Truist

$175 $225

Resumed Outperform X

ZS Zscaler

Credit Suisse

$230

Upgrades Hold Buy X

ZS Zscaler

Berenberg

$209 $235

Upgrades Neutral Buy X

ZS Zscaler

BTIG Research

$240

Initiated Buy X

ZS Zscaler

Canaccord Genuity

$250

Initiated Mkt Outperform X

ZS Zscaler

JMP Securities

$255

Reiterated Strong Buy X

ZS Zscaler

Needham

$215 $240

Initiated Market Perform X

ZS ZScaler

BMO Capital Markets

Initiated Hold X

ZS ZScaler

Berenberg

Reiterated Strong Buy X

ZS ZScaler

Needham

$65 $89

Reiterated Outperform X

ZS ZScaler

Credit Suisse

$55 $75

Reiterated Neutral X

ZS ZScaler

BofA/Merrill

$62 $74

Reiterated Strong Buy X

ZS ZScaler

Needham

Downgrades Eq-Weight Underweight X

ZS ZScaler

Morgan Stanley

Initiated Overweight X

ZS ZScaler

Piper Jaffray

$50

Initiated Outperform X

ZS ZScaler

Wedbush

$48

Resumed Outperform X

ZS ZScaler

Robert W. Baird

Downgrades Buy Neutral X

ZS ZScaler

BTIG Research

Reiterated Strong Buy X

ZS ZScaler

Needham

$45 $47.50

Reiterated Strong Buy X

ZS ZScaler

Needham

$35 $40

Initiated Equal Weight X

ZS ZScaler

Barclays

$30

Initiated Neutral X

ZS ZScaler

BofA/Merrill

$32

Initiated Buy X

ZS ZScaler

BTIG Research

$33

Initiated Outperform X

ZS ZScaler

Credit Suisse

$33

Initiated Hold X

ZS ZScaler

Deutsche Bank

$29

Initiated Neutral X

ZS ZScaler

Goldman

$25

Initiated Equal-Weight X

ZS ZScaler

Morgan Stanley

$26

Initiated Strong Buy X

ZS ZScaler

Needham

$35

Initiated Outperform X

ZS ZScaler

Robert W. Baird

$34

Initiated Equal-Weight X

ZS ZScaler

Stephens

$29

ZS  Zscaler, Inc.

Zscaler, Inc. operates as a cloud security company worldwide. The company develops a software-as-a-service based security platform that secures access for users and devices to applications and services. It serves airline and transportation, conglomerate, consumer good and retail, financial service, healthcare, manufacturing, media and communication, public sector and education, technology, and telecommunications service industries. The company was formerly known as SafeChannel, Inc., and changed its name to Zscaler, Inc. in 2008. Zscaler, Inc. incorporated in 2007 and is headquartered in San Jose, California.