Noor Ul Ain Rehman
1 min read
In This Article:
Zscaler, Inc. (NASDAQ:ZS) is one of the 10 Hot Large Cap Stocks to Buy Now. On June 11, Cantor Fitzgerald analyst Jonathan Ruykhaver raised the firm’s price target on Zscaler, Inc. (NASDAQ:ZS) to $340 from $290, keeping an Overweight rating on the shares.
The rating update followed the company’s annual customer and partner cloud conference, held between June 2 and 5. The analyst told investors in a research note that Zscaler, Inc. (NASDAQ:ZS) had positive conversations with partners and customers on its focused execution and expanding platform positioning, bringing a positive light to its operations and supporting the price target increase.
An employee standing in front of a large data center, looking toward the future of cloud security.
Zscaler, Inc. (NASDAQ:ZS) provides a cloud-based internet security platform. The company’s offerings include the following: Zero Trust Exchange, Zscaler Client Connector, Zscaler Internet Access, Zscaler Private Access, Zscaler B2B, Zscaler Cloud Protection, and Zscaler Digital Experience.
While we acknowledge the potential of ZS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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Disclosure: None.
