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Fly News Breaks for April 2, 2019
ZS
Apr 2, 2019 | 09:17 EDT
BofA/Merrill analyst Tal Liani raised his price target for Zscaler to $74 from $62, citing the company's "disruptive potential." Further, the analyst points out he believes in Zscaler's technology, large existing total addressable market, and potential TAM expansion. Nonetheless, he reiterates a Neutral rating on the shares on valuation.
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