UBS Maintains Neutral on Palo Alto Networks, Raises Price Target to $260
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Roger Boyd has maintained a Neutral rating on Palo Alto Networks (NASDAQ:PANW) and raised the price target from $220 to $260.
August 21, 2023 | 11:57 am
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NEUTRAL IMPACT
UBS has maintained a Neutral rating on Palo Alto Networks and raised the price target from $220 to $260.
The news is directly about Palo Alto Networks. UBS's decision to maintain a Neutral rating indicates that they do not expect significant changes in the stock's performance. However, the increase in price target from $220 to $260 suggests a positive outlook, which could potentially influence investors' decisions and the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100