Zscaler price target lowered to $280 from $345 at Oppenheimer

Oppenheimer lowered the firm’s price target connected Zscaler (ZS) to $280 from $345 connected little adjacent multiples, portion keeping an Outperform standing connected the shares. The steadfast notes Zscaler reported a coagulated Q2, beating connected the apical line, portion delivering sequential gross and operating borderline expansion. Management raised FY26 integrated NNARR maturation expectations and issued Q3 guidance up of consensus.

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