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Fly News Breaks for January 11, 2019
ZS
Jan 11, 2019 | 06:06 EDT
Piper Jaffray analyst Andrew Nowinski started Zscaler with an Overweight rating and $50 price target. The analyst believes the migration of data and applications to the cloud is driving sustainable, long-term demand for Zscaler. Further, the ramping adoption of SD-WAN should increase the need for cloud-based security such as Zscaler, Nowinski tells investors in a research note.
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