BMO Capital Maintains Outperform on Palo Alto Networks, Raises Price Target to $275
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Keith Bachman maintains an 'Outperform' rating on Palo Alto Networks (NASDAQ:PANW) and raises the price target from $235 to $275.
August 21, 2023 | 12:01 pm
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BMO Capital maintains an 'Outperform' rating on Palo Alto Networks and raises the price target from $235 to $275, indicating a positive outlook for the company.
The raised price target by BMO Capital from $235 to $275 indicates a positive outlook for Palo Alto Networks. This suggests that the analyst believes the company's stock price will rise in the short term, which could positively impact the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100