{
  "id": 2696637,
  "title": "KeyBanc Just Upgraded Its Price Target on Zscaler Stock. Here's Why.",
  "url": "https://urgent.news/2026/08/21/keybanc-just-upgraded-its-price-target-on-zscaler-stock-heres-why",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T19:50:25.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/keybanc-just-upgraded-price-target-195025327.html"
  },
  "original_language": "en",
  "account": "Zscaler (ZS) stock rose after KeyBanc increased its price target, highlighting the company's position in the security-as-a-service (SASE) market. On August 21, analyst Eric Heath maintained an Overweight rating for ZS and raised the price target to $210, signifying a 17% potential gain from current levels. Zscaler shares have gained more than 45% since their June low, indicating renewed investor interest. This comes as the firm's research underscores a growing security expenditure environment, with 20% of organizations currently investing more following Mythos. Analyst Heath emphasizes the upcoming areas of urgency, such as continuous threat exposure management, patching, network segmentation, penetration testing, code-scanning tools, and additional security headcount. His bullish outlook on ZS stock is particularly noteworthy, as it arrives just days before the company's Q4 results on September 3, where Zscaler is expected to report a 250% year-over-year growth in earnings per share. In terms of valuation, Zscaler trades at around 6.6x revenue compared to 10.7x for its cybersecurity peers, suggesting ample room for multiple expansion if execution improves. Additionally, Zscaler's Analyst Day scheduled for October could further boost investor confidence. Although not as bullish as KeyBanc, other Wall Street firms still anticipate significant gains for ZS shares in the second half of 2026, with the consensus rating at Strong Buy and a mean price target of approximately $196, suggesting a potential near 10% rally in the coming months.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}