Keybanc Maintains Overweight on Palo Alto Networks, Raises Price Target to $300
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Michael Turits maintains an Overweight rating on Palo Alto Networks (NASDAQ:PANW) and raises the price target from $285 to $300.
August 04, 2023 | 10:43 am
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Palo Alto Networks' price target has been raised from $285 to $300 by Keybanc, maintaining an Overweight rating.
The raised price target indicates the analyst's increased confidence in the company's performance. This could lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100