Stifel Maintains Buy on Palo Alto Networks, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Adam Borg maintains a Buy rating on Palo Alto Networks (NASDAQ:PANW) and raises the price target from $225 to $240.
May 24, 2023 | 11:38 am
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POSITIVE IMPACT
Stifel analyst maintains Buy rating on Palo Alto Networks and raises price target from $225 to $240.
The raised price target by Stifel analyst Adam Borg 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 shows increased confidence in the company's performance and potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100