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Benzinga
Benzinga
Business
Priya Nigam

Morgan Stanley Upgrades Zscaler On Rapid Growth Of Cloud Adoption And Demand For Security Architecture

Zscaler Inc’s (NASDAQ:ZS) revenue growth could accelerate in 2022, given strong demand in the industry and the company’s larger deal sizes and improving sales productivity, according to Morgan Stanley.

The Zscaler Analyst: Analyst Hamza Fodderwala upgraded the rating for Zscaler from Equal Weight to Overweight, while maintaining his price target at $325.

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