Morgan Stanley Maintains Overweight on Palo Alto Networks, Raises Price Target to $302
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Hamza Fodderwala maintains an Overweight rating on Palo Alto Networks (NASDAQ:PANW) and raises the price target from $255 to $302.
June 27, 2023 | 12:42 pm
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Morgan Stanley maintains an Overweight rating on Palo Alto Networks and raises the price target from $255 to $302.
Morgan Stanley's raised price target for Palo Alto Networks indicates a positive outlook for the stock. The Overweight rating suggests that the analyst believes the stock will outperform its peers in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100