Zscaler (ZS) stock price target lowered due to weak guidance

AI Summary

Bernstein lowered the price target for Zscaler (ZS) following the company's weak guidance. This adjustment reflects concerns about Zscaler's future performance based on recent earnings reports. The specific new price target was not disclosed, but the downgrade may negatively affect investor sentiment and trading activity. Such revisions can influence stock price movements and market perception of growth prospects for Zscaler.