Barclays Sees Long-Term Upside in Zscaler (ZS) With Strong Revenue Retention

Zscaler Inc. (NASDAQ:ZS) ranks among the best stocks to buy now for long-term growth. On February 13, Barclays raised Zscaler Inc. (NASDAQ:ZS) from Equalweight to Overweight while dropping its price target to $228 from $264. Barclays recognizes Zscaler’s outstanding net revenue retention rate of over 115%, which was made possible by strong up-selling and cross-selling efforts, and considers artificial intelligence as a potential benefit instead of a concern for the company. The firm had originally downgr ...