Mizuho Maintains Buy on Palo Alto Networks, Lowers Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz maintains a Buy rating on Palo Alto Networks (NASDAQ:PANW) but lowers the price target from $235 to $220.
May 18, 2023 | 10:43 am
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Mizuho maintains a Buy rating on Palo Alto Networks but lowers the price target from $235 to $220.
The news of Mizuho maintaining a Buy rating on Palo Alto Networks is positive for the company, but the lowering of the price target from $235 to $220 may create some uncertainty among investors. This mixed sentiment is likely to result in a neutral short-term impact on PANW's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100