Is Now The Time To Buy Stock In Zscaler Or Pinduoduo?


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Here are the latest analyst ratings and updates for Zscaler and Pinduoduo.

Zscaler Inc (NASDAQ:ZS) shares are trading higher by 11% at $191.68 after the company reported better-than-expected third-quarter EPS and sales results. ZScaler also raised FY21 guidance.

Following the earnings results, Needham maintains Zscaler with a Strong Buy and raises the price target from $240 to $245.

BMO Capital upgrades Zscaler from Market Perform to Outperform and raises the price target from $202 to $225.

Pinduoduo Inc - ADR (NASDAQ:PDD) shares are trading higher by 3% at $134.70 after the company reported better-than-expected first-quarter EPS and sales results.

Pinduoduo reported quarterly losses of 23 cents per share which beat the analyst consensus estimate of a loss of 42 cents per share. The company reported quarterly sales of $3.38 billion which beat the analyst consensus estimate of $3.15 billion.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: Long IdeasMoversTrading Ideaswhy it's moving