BTIG Maintains Buy on Palo Alto Networks, Lowers Price Target to $259
Portfolio Pulse from jenniferd'souza@benzinga.com
BTIG analyst Gray Powell has maintained a 'Buy' rating on Palo Alto Networks (NASDAQ:PANW) but lowered the price target from $307 to $259.
August 09, 2023 | 4:15 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Palo Alto Networks' price target has been lowered from $307 to $259 by BTIG, though the 'Buy' rating is maintained.
The lowering of the price target by BTIG could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100