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Hamza Fodderwala Downgraded (ZS) to Hold and Decreased Target to $120 on, Jan 12th, 2023


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Hamza Fodderwala of Morgan Stanley, Downgraded "Zscaler, Inc." (ZS) to Hold and Decreased Target from $162 to $120 on, Jan 12th, 2023.

Hamza has made no other calls on ZS in the last 4 months.



There are 18 other peers that have a rating on ZS. Out of the 18 peers that are also analyzing ZS, 7 agree with Hamza's Rating of Hold. Following are those relevant analyst calls for the last 4 months


  • Rob Owens of "Piper Sandler" Maintained at Hold with Decreased Target to $125 on, Thursday, January 5th, 2023
  • Saket Kalia of "Barclays" Maintained at Hold with Decreased Target to $143 on, Friday, December 2nd, 2022
  • Nina Marques of "Redburn Partners" Initiated at Hold and Held Target at $135 on, Thursday, December 1st, 2022
  • Frederick Havemeyer of "Macquarie" Initiated at Hold and Held Target at $155 on, Wednesday, November 2nd, 2022
  • Jonathan Ruykhaver of "Cantor Fitzgerald" Initiated at Hold and Held Target at $160 on, Friday, October 21st, 2022
  • Sterling Auty of "MoffettNathanson" Initiated at Hold and Held Target at $268 on, Thursday, September 22nd, 2022
  • Joseph Gallo of "Jefferies" Initiated at Hold and Held Target at $200 on, Thursday, September 15th, 2022


These are the ratings of the 11 analyists that currently disagree with Hamza


  • Shrenik Kothari of "Baird" Maintained at Buy with Decreased Target to $180 on, Monday, December 5th, 2022
  • Trevor Walsh of "JMP Securities" Maintained at Buy with Decreased Target to $225 on, Friday, December 2nd, 2022
  • Roger Boyd of "UBS" Maintained at Strong Buy with Decreased Target to $180 on, Friday, December 2nd, 2022
  • Matthew Hedberg of "RBC Capital" Maintained at Buy with Decreased Target to $155 on, Friday, December 2nd, 2022
  • Andrew Nowinski of "Wells Fargo" Maintained at Buy with Decreased Target to $160 on, Friday, December 2nd, 2022
  • Daniel Ives of "Wedbush" Maintained at Buy with Decreased Target to $180 on, Friday, December 2nd, 2022
  • Gregg Moskowitz of "Mizuho" Maintained at Strong Buy with Decreased Target to $175 on, Tuesday, November 15th, 2022
  • Carson Sippel of "SMBC Nikko" Initiated at Buy and Held Target at $220 on, Friday, October 7th, 2022
  • Peter Levine of "Evercore ISI Group" Initiated at Buy and Held Target at $235 on, Thursday, October 6th, 2022
  • Catharine Trebnick of "MKM Partners" Initiated at Strong Buy and Held Target at $225 on, Friday, September 16th, 2022
  • Joshua Tilton of "Wolfe Research" Maintained at Buy with Increased Target to $211 on, Monday, September 12th, 2022

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