Palo Alto Networks shares are trading higher after Morgan Stanley maintained an Overweight rating on the stock and raised its price target from $255 to $302.
Portfolio Pulse from Benzinga Newsdesk
Palo Alto Networks' stock is trading higher after Morgan Stanley maintained an Overweight rating and raised its price target from $255 to $302.
June 27, 2023 | 2:19 pm
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POSITIVE IMPACT
Palo Alto Networks' stock price is expected to rise in the short term due to Morgan Stanley's Overweight rating and increased price target.
Morgan Stanley's maintained Overweight rating and raised price target from $255 to $302 indicate a positive outlook for Palo Alto Networks. This news is likely to increase investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100