Wells Fargo Maintains Overweight on Palo Alto Networks, Raises Price Target to $265
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Nowinski maintains an Overweight rating on Palo Alto Networks (NASDAQ:PANW) and raises the price target from $250 to $265.
May 24, 2023 | 11:21 am
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Wells Fargo maintains an Overweight rating on Palo Alto Networks and raises the price target from $250 to $265.
The raised price target by Wells Fargo analyst Andrew Nowinski indicates a positive outlook for Palo Alto Networks. This news is likely to have a positive impact on the stock price in the short term as it reflects increased confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100