Loop Capital Maintains Buy on Palo Alto Networks, Raises Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Yun Kim maintains a 'Buy' rating on Palo Alto Networks (NASDAQ:PANW) and raises the price target from $240 to $280.
August 21, 2023 | 2:30 pm
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Loop Capital analyst Yun Kim maintains a 'Buy' rating on Palo Alto Networks and raises the price target from $240 to $280.
The raised price target by Loop Capital indicates a positive outlook for Palo Alto Networks. This could potentially lead to an increase in the stock price in the short term as it signals confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100