Deutsche Bank Maintains Buy on Palo Alto Networks, Raises Price Target to $270
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Brad Zelnick has maintained a 'Buy' rating on Palo Alto Networks (NASDAQ:PANW) and raised the price target from $225 to $270.
August 21, 2023 | 11:00 am
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Deutsche Bank has maintained a 'Buy' rating on Palo Alto Networks and raised the price target from $225 to $270, which could lead to an increase in the stock's price.
The raised price target by Deutsche Bank indicates a positive outlook for Palo Alto Networks. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100