Palo Alto Networks shares are trading higher after JMP Securities maintained an Outperform rating on the stock and raised its price target from $255 to $300.
Portfolio Pulse from Benzinga Newsdesk
Palo Alto Networks' shares are trading higher following JMP Securities' decision to maintain an Outperform rating on the stock and increase its price target from $255 to $300.
July 13, 2023 | 2:07 pm
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Palo Alto Networks' stock is trading higher due to JMP Securities' maintained Outperform rating and increased price target.
The maintained Outperform rating and increased price target by JMP Securities are positive indicators for Palo Alto Networks' stock. This suggests that the firm sees potential for the stock's future performance, which is likely to attract investors and drive the stock price up in the short term.
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IMPORTANCE 80
RELEVANCE 100