Palo Alto Networks Gets Price Target Bumps By Analysts After Upbeat Results
Portfolio Pulse from Lisa Levin
Palo Alto Networks (PANW) reported better-than-expected Q3 results with revenue of $1.72 billion and earnings of $1.10 per share. The company raised its annual projections and several analysts increased their price targets on the stock.
May 24, 2023 | 11:41 am
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Palo Alto Networks reported strong Q3 results, beating estimates and raising annual projections. Analysts have increased their price targets on the stock.
Palo Alto Networks reported better-than-expected Q3 results and raised its annual projections, which is a positive signal for the company's performance. This has led to multiple analysts raising their price targets on the stock, indicating a bullish outlook for the short term.
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