Zscaler Just Boosted Zero-Trust Lead—AI, Red Canary Deal Add Momentum
1. ZS is positioned well in zero-trust and AI markets. 2. Morgan Stanley upgraded ZS to Overweight, raised target to $320. 3. Gartner forecasts significant SASE adoption growth by 2027. 4. ZS holds 32% of the ZTNA market share, aiding wallet share growth. 5. Despite a 50% year-to-date rise, ZS is aligned with peers.