Analyst predicts Zscaler will benefit from the intensifying cyber threat landscape
- Zscaler shares are getting a boost from Macquarie analyst Frederick Havemeyer
- Havemeyer raised his rating on the stock to Outperform from Neutral
- Zscaler is expected to benefit from new data breach disclosure requirements from the SEC
- The SEC’s new data breach reporting rules go into effect next Monday
- Zscaler’s Risk360 software helps organizations meet the new reporting requirements
Zscaler shares are receiving a boost from Macquarie analyst Frederick Havemeyer, who has raised his rating on the stock to Outperform from Neutral. Havemeyer expects Zscaler to benefit from the Securities and Exchange Commission’s (SEC) pending new data breach disclosure requirements. The SEC’s new rules, which go into effect next Monday, will require companies to disclose any cybersecurity incident they determine to be material. Zscaler’s Risk360 software is positioned to help organizations meet these new reporting requirements by tying an organization’s cyber risk to its financial exposure. This software offers intuitive risk visualizations, granular risk factors, and detailed security risk insights. With the increasing cyber threat landscape, Zscaler is well-positioned to capitalize on the demand for cybersecurity solutions.
Factuality Level: 7
Factuality Justification: The article provides information about an analyst raising his rating on Zscaler shares and explains the reasons behind it, such as the expected benefits from the intensifying cyber threat landscape and new data breach disclosure requirements from the SEC. The article also mentions the analyst’s target price for the stock and provides some information about Zscaler’s Risk360 software. The information provided seems to be based on the analyst’s opinion and the company’s website. However, the article lacks additional sources or perspectives to support the claims made by the analyst.
Noise Level: 3
Noise Justification: The article provides relevant information about Zscaler shares and the analyst’s rating. However, it lacks depth and analysis on the potential long-term trends or antifragility of the company. It also does not hold powerful people accountable or provide scientific rigor. The article stays on topic and supports its claims with information about the SEC’s new data breach reporting rules.
Financial Relevance: Yes
Financial Markets Impacted: Zscaler shares
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Rating Justification: The article discusses the rating upgrade of Zscaler shares by an analyst, indicating potential benefits from the intensifying cyber threat landscape and new data breach disclosure requirements from the SEC. However, there is no mention of any extreme event or its impact.
Public Companies: Zscaler (ZS)
Key People: Frederick Havemeyer (Macquarie analyst)
Reported publicly:
www.marketwatch.com 
