Zscaler Downgraded by Evercore ISI Following Q3 Earnings
Cybersecurity firm Zscaler was downgraded from 'outperform' to 'in-line' by Evercore ISI following its fiscal Q3 earnings report. The downgrade came after the company revised downward both its ARR growth and free cash flow margin projections, leading to a sharp drop in stock price.
Tickers: $ZS