JMP Securities Maintains Market Outperform on Palo Alto Networks, Raises Price Target to $255
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Trevor Walsh maintains a Market Outperform rating on Palo Alto Networks (NASDAQ:PANW) and raises the price target from $230 to $255.
May 24, 2023 | 10:38 am
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JMP Securities raises Palo Alto Networks' price target from $230 to $255, maintaining a Market Outperform rating.
The news of JMP Securities raising the price target for Palo Alto Networks from $230 to $255 and maintaining a Market Outperform rating is positive for the company. This indicates that the analyst believes the stock will outperform the market in the short term, which could lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100