Why Zscaler Stock Topped the Market on Thursday

Cybersecurity specialist Zscaler (NASDAQ: ZS) was a winner of a stock on Thursday, rising by nearly 3% in price. Investors were juiced by an analyst's recommendation upgrade, accompanied by a meaty price target raise. That sub-3% climb was more than sufficient to beat the S&P 500 (SNPINDEX: ^GSPC) on the day; this ticked up by a relatively modest 0.8%. That change in recommendation came from Freedom Capital Markets pundit Almas Almaganbetov, who upped his rating to buy from the previous hold. With the move, Almaganbetov also confidently raised his price target on Zscaler by 14%, resetting it to $320 per share for the specialty tech company. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool