BUZZ-<a href="https://laohu8.com/S/ZS">Zscaler</a> falls after Bernstein downgrades to 'market perform'** Cloud security firm Zscaler's ZS.O shares fall 1.1% to $248.80 premarket
** Bernstein downgrades stock to "market perform" from "outperform"
** Brokerage says co's 2026 guidance for annualized recurring revenue fed into worries about increased competition
** "We don’t, yet, see the company expanding beyond their core cloud-centric network cybersecurity segment" - Bernstein
** Average rating of 38 analysts is "buy," their median PT is $330.45 - data compiled by LSEG
** Up to last close, stock has risen 39.4% this year
(Reporting by Anhata Rooprai in Bengaluru)
((Anhata.Rooprai@thomsonreuters.com))
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