FMP
Jul 18, 2024 8:54 PM - Davit Kirakosyan(Last modified: Jul 19, 2024 2:45 AM)
Image credit: FMP
Piper Sandler analysts reiterated an Overweight rating and set a $255 price target on Zscaler (NASDAQ:ZS) after recent investor meetings with CEO Jay Chaudhry. The analysts expressed optimism about Zscaler’s position in the current market environment and its ability to scale beyond $5 billion in annual recurring revenue (ARR).
Key discussions highlighted recent go-to-market (GTM) changes, macroeconomic conditions, platform expansion, and acquisitions. Piper Sandler believes Zscaler is well-placed as a top pick for the second half of the year, given its strategic adjustments and market positioning.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 16, 2024 8:06 PM - Gordon Thompson
On Thursday, May 16, 2024, Deutsche Bank upgraded its rating on NASDAQ:ASTS to Buy, maintaining a hold position. At the time of the announcement, ASTS was trading at $4.03. This decision was accompanied by an increase in the price target for AST SpaceMobile, raised to $22 from $19, as detailed in a ...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...