KeyBanc Cuts Zscaler Price Target to $176, Maintains Overweight
KeyBanc reduced Zscaler’s price target amid widening IT budget disparities and shifting AI spending priorities. KeyBanc lowered its price target for Zscaler (ZS) to $176 from $190 on June 25, 2026, while retaining an Overweight rating. The firm cited a growing divide in IT