JP Morgan Maintains Overweight on Palo Alto Networks, Raises Price Target to $272
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex has maintained an Overweight rating on Palo Alto Networks (NASDAQ:PANW) and increased the price target from $268 to $272.
November 16, 2023 | 2:58 pm
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JP Morgan analyst reaffirms Overweight rating on Palo Alto Networks and raises the price target to $272, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like JP Morgan suggests a bullish outlook on Palo Alto Networks, which could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100