Wedbush Maintains Outperform on Palo Alto Networks, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives maintains an Outperform rating on Palo Alto Networks (NASDAQ:PANW) and raises the price target from $210 to $225.
May 24, 2023 | 12:54 pm
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POSITIVE IMPACT
Wedbush analyst Daniel Ives maintains an Outperform rating on Palo Alto Networks and raises the price target from $210 to $225.
The news of Wedbush maintaining an Outperform rating and raising the price target for Palo Alto Networks (PANW) is positive for the stock. This indicates that the analyst believes the company will outperform its peers and has a higher price target, which could lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100