Zscaler is trading 4.01% up at $230.90, amid a broader cybersecurity rally as investors respond to concerns about AI-driven attacks.
- Reports said other security companies also advanced.
- Recent momentum around Investor Day guidance and analyst target increases predates this session; Citizens JMP raised its target to $265 from $210.
- Broader indexes were mixed and offer no strong same-direction explanation. Coverage pointed to sector context rather than a clear new Zscaler-specific announcement on October 12.