Morgan Stanley Maintains Overweight on Palo Alto Networks, Raises Price Target to $304
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Hamza Fodderwala maintains an Overweight rating on Palo Alto Networks (NASDAQ:PANW) and raises the price target from $302 to $304.
August 22, 2023 | 12:03 pm
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POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Palo Alto Networks and raises the price target from $302 to $304, indicating a positive outlook for the company.
The raised price target by Morgan Stanley indicates their belief in the company's potential for growth. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100