Wells Fargo Maintains Overweight on Palo Alto Networks, Raises Price Target to $280
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Nowinski has maintained an Overweight rating on Palo Alto Networks (NASDAQ:PANW) and increased the price target from $270 to $280.
November 16, 2023 | 2:04 pm
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Wells Fargo analyst Andrew Nowinski maintains an Overweight rating on Palo Alto Networks and raises the price target from $270 to $280.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's future performance, which can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100