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Unveiling the Brilliance of Wall Street’s Top Analysts: Zscaler Inc. Shines Bright with Over 21% Upside Potential

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Unveiling the Brilliance of Wall Street’s Top Analysts: Zscaler Inc. Shines Bright with Over 21% Upside Potential



On a day when the Nasdaq Composite surged over 1%, U.S. stocks wrapped up the week on a high note.


Investors navigate the labyrinth of market predictions daily, trying to decipher the insights of financial analysts. Amidst this deluge of information, discerning accurate forecasts from spotty ones can feel like finding a needle in a haystack.


Benzinga’s Analyst Ratings API offers a beacon of clarity in this foggy landscape. Through exclusive collaborations with top-tier financial institutions, Benzinga curates premium stock ratings, accessible to all on the Analyst Stock Ratings page. Insightful data specialists at Toggle.ai recently discovered that the analyst evaluations provided by Benzinga Pro can serve as robust trading signals, empowering investors to outshine the market.


Spotlight on Accuracy: Among the myriad of stock ratings available, one key metric stands out: analyst accuracy. Traders can leverage this metric to sift through Benzinga’s comprehensive repository of analyst ratings. Let’s delve into the recent stock selections put forth by the top five Wall Street analysts, as recognized by Benzinga’s Analyst Stock Ratings.





Keith Hughes – Precision Personified


  • Analyst Firm: Truist Securities
  • Ratings Accuracy: 88%
  • Latest Rating: Holding steady with a Hold rating on GMS Inc. (GMS) while boosting the price target from $72 to $88 on March 1, 2024. Hughes foresees a modest 3% downturn in the stock.
  • Recent News: GMS Inc. reported lackluster quarterly results on Feb. 29.


Josh Siegler – The Pricing Provocateur


  • Analyst Firm: Cantor Fitzgerald
  • Ratings Accuracy: 88%
  • Latest Rating: Maintaining an Overweight stance on Payoneer Global Inc. (PAYO) and revising the price target downward from $8 to $7 on March 1, 2024. Siegler anticipates a whopping 44% appreciation in the stock.
  • Recent News: Payoneer’s FY24 revenue guidance fell short of expectations on Feb. 28.





Shrenik Kothari – Charting the Course for Zscaler Inc.


  • Analyst Firm: Baird
  • Ratings Accuracy: 88%
  • Latest Rating: Upholding an Outperform rating on Zscaler, Inc. (ZS) while elevating the price target from $255 to $265 on March 1, 2024. Kothari envisions a remarkable 21% surge in the stock’s value.
  • Recent News: Zscaler outshined expectations with stellar earnings and sales results for its second quarter on Feb. 29.


Jay McCanless – Illuminating the Path for Landsea Homes Corporation


  • Analyst Firm: Wedbush
  • Ratings Accuracy: 87%
  • Latest Rating: Reaffirming an Outperform rating on Landsea Homes Corporation (LSEA) with a target price of $16 on March 1, 2024. McCanless foresees a robust 22% surge in the stock.
  • Recent News: Landsea Homes exceeded expectations with its fourth-quarter financial results on Feb. 29.


Matt Bryson – Navigating the Terrains of NetApp, Inc.


  • Analyst Firm: Wedbush
  • Ratings Accuracy: 87%
  • Latest Rating: Maintaining a Neutral stance on NetApp, Inc. (NTAP) while upping the price target from $85 to $100 on March 1, 2024. Bryson anticipates a slight 5% dip in the stock’s value.
  • Recent News: NetApp delivered solid third-quarter financial results and issued promising guidance on Feb. 29.


 


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