UBS Maintains Neutral on Palo Alto Networks, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Roger Boyd maintains a Neutral rating on Palo Alto Networks (NASDAQ:PANW) and raises the price target from $200 to $220.
May 24, 2023 | 10:41 am
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NEUTRAL IMPACT
UBS analyst Roger Boyd maintains a Neutral rating on Palo Alto Networks and raises the price target from $200 to $220.
The news of UBS maintaining a Neutral rating on Palo Alto Networks and raising the price target from $200 to $220 indicates that the analyst sees potential for the stock price to increase. However, the Neutral rating suggests that the analyst does not expect significant outperformance or underperformance in the short term. This may lead to a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100