Barclays Maintains Overweight on Palo Alto Networks, Raises Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Overweight rating on Palo Alto Networks (NASDAQ:PANW) and raises the price target from $235 to $245.
May 24, 2023 | 10:27 am
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Palo Alto Networks and raises the price target from $235 to $245.
The news of Barclays maintaining an Overweight rating on Palo Alto Networks and raising the price target from $235 to $245 is positive for the company. This indicates that the analyst believes the stock has potential for further growth and is likely to outperform the market. As a result, this news may have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100