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BofA Raises Zscaler's (ZS) PT to $340 Amid Rising Platform Adoption
BofA Raises Zscaler's (ZS) PT to $340 Amid Rising Platform Adoption

Yahoo

time3 days ago

  • Business
  • Yahoo

BofA Raises Zscaler's (ZS) PT to $340 Amid Rising Platform Adoption

Zscaler Inc. (NASDAQ:ZS) is one of the 10 best growth stocks to buy according to billionaires. On June 9, Bank of America analyst Tal Liani raised his price target on Zscaler to $340 from $285, while maintaining a Buy rating, following the company's CEO, Jay Chaudhry's, presentation at the Bank of America's 2025 Global Technology Conference (GTC). The analyst highlighted sustained customer demand and increasing platform adoption as key factors contributing to the higher valuation. A computer engineer analyzing a server network for cyber security threats. On June 5, management highlighted several positive trends during the GTC event. In the last quarter, over 70% of new annual contract value (ACV) came from upselling to existing clients, while new logo ACV grew 40% year-over-year. Zscaler Inc. (NASDAQ:ZS) is expanding its reach beyond core secure web gateway services, with strong traction in data security and Agentic operations now representing nearly $1 billion in annual recurring revenue (ARR). Notably, data security alone accounted for $350 million in ARR last quarter. Its recent acquisition of Airgap Networks highlights a deeper investment in cybersecurity advancements. While competition and pricing pressure remain, Zscaler's product differentiation and focus on efficiency appear to be supporting its growth outlook. In Liani's view, rising demand for Zero Trust solutions justifies a higher multiple, primarily as Zscaler executes well on both innovation and customer expansion. Zscaler Inc. (NASDAQ:ZS) is a provider of cloud-based cybersecurity solutions. Its Zero Trust architecture ensures secure connections between users, devices, and applications, regardless of location. While we acknowledge the potential of ZS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.

PagerDuty to Present at the Bank of America Securities 2025 Global Technology Conference
PagerDuty to Present at the Bank of America Securities 2025 Global Technology Conference

Business Wire

time02-06-2025

  • Business
  • Business Wire

PagerDuty to Present at the Bank of America Securities 2025 Global Technology Conference

SAN FRANCISCO--(BUSINESS WIRE)--PagerDuty, Inc. (NYSE:PD), a global leader in digital operations management, today announced that members of its management team will present at the Bank of America Securities 2025 Global Technology Conference on Wednesday, June 4, at 8:40 ET. A live webcast and replay will be available for a limited time on PagerDuty's investor relations events page at About PagerDuty, Inc. PagerDuty, Inc. (NYSE:PD) is a global leader in digital operations management. The PagerDuty Operations Cloud is an AI-powered platform that empowers business resilience and drives operational efficiency for enterprises. With a generative AI assistant at its core, PagerDuty empowers teams to detect and resolve issues in real time, orchestrate complex workflows, and drive continuous improvement across their digital operations. Trusted by nearly half of both the Fortune 500 and the Forbes AI 50, as well as approximately two-thirds of the Fortune 100, PagerDuty is essential for delivering always-on digital experiences to modern businesses. Learn more and try it for free at The PagerDuty Operations Cloud The PagerDuty Operations Cloud is an AI-powered platform that automates and orchestrates the entire incident management lifecycle—from detection to resolution, providing resilience at scale. Designed for mission-critical operations, the platform empowers teams to identify and diagnose disruptions in real time, mobilize the right teams to quickly streamline workflows to solve digital issues before they become incidents. The PagerDuty Operations Cloud is essential for delivering flawless, always-on digital experiences that organizations and consumers expect today.

Cognizant to Present at the Bank of America Securities 2025 Global Technology Conference
Cognizant to Present at the Bank of America Securities 2025 Global Technology Conference

Associated Press

time28-05-2025

  • Business
  • Associated Press

Cognizant to Present at the Bank of America Securities 2025 Global Technology Conference

TEANECK, N.J., May 28, 2025 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, today announced a presentation at the following investor conference: Bank of America Securities 2025 Global Technology Conference A live audio webcast of the presentation will be available at Cognizant's website: A replay of the webcasts will remain available on the company's website for 90 days. About Cognizant Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we're improving everyday life. See how at or @cognizant. Investor Contact: Tyler Scott, Vice President, Investor Relations, (551) 220-8246, [email protected] View original content to download multimedia: SOURCE Cognizant Technology Solutions Corporation

TI Chief Financial Officer Rafael Lizardi to speak at Bank of America investor conference
TI Chief Financial Officer Rafael Lizardi to speak at Bank of America investor conference

Yahoo

time19-05-2025

  • Business
  • Yahoo

TI Chief Financial Officer Rafael Lizardi to speak at Bank of America investor conference

June 4, 2025, 11:20 a.m. Pacific time DALLAS, May 19, 2025 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) Senior Vice President and Chief Financial Officer Rafael Lizardi will speak at the Bank of America 2025 Global Technology Conference in San Francisco on Wednesday, June 4, at 11:20 a.m. Pacific time. Lizardi will field questions from analysts and investors, as well as discuss TI's business outlook and its strategy to address key markets for its analog and embedded processing technologies and how these capabilities position the company for growth. The audio webcast for the conference can be accessed live through the Investor Relations section ( of TI's website. An archived replay will be available on the website after his remarks. About Texas Instruments Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, enterprise systems and communications equipment. At our core, we have a passion to create a better world by making electronics more affordable through semiconductors. This passion is alive today as each generation of innovation builds upon the last to make our technology more reliable, more affordable and lower power, making it possible for semiconductors to go into electronics everywhere. Learn more at TXN-G View original content to download multimedia: SOURCE Texas Instruments Incorporated

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