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$ZS Downgrade also put pressure on Cyber Security Plays! They always do this right before earnings! Either upgrades or downgrades. #cyber security sector https://t.co/dcyCdB36kp https://t.co/iqZRPkoIkJ
🔻 Downgrades Alert: $LUV $ZS $SRPT $ULCC $TGI face downgrades today! 📉 Analysts highlight challenges and risks impacting these stocks. https://t.co/CdfarILnLQ
$ZS downgrade Wells Fargo downgrades ZScaler to equal weight from overweight Wells said it sees too many negative catalysts for the IT security company. “We are downgrading shares of ZS to Equal Weight and lowering our PT to $182 (from $240).
Zscaler ($ZS) has been downgraded by multiple firms including Rosenblatt, Wells Fargo, and others due to concerns about sustaining revenue growth in FY25. Speculation about a potential takeover by $AVGO has been circulating, although the CEO has denied it publicly. The stock faced pressure, impacting the cybersecurity sector.