Cantor Fitzgerald Reiterates Overweight on Palo Alto Networks, Maintains $280 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Jonathan Ruykhaver has reiterated an Overweight rating on Palo Alto Networks (NASDAQ:PANW) with a maintained price target of $280.
November 16, 2023 | 3:47 pm
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Cantor Fitzgerald analyst reaffirms Overweight rating on Palo Alto Networks with a steady price target of $280, indicating a positive outlook on the stock.
The reiteration of an Overweight rating by a reputable analyst firm like Cantor Fitzgerald typically instills confidence in investors and can lead to a positive short term impact on the stock price. The maintained price target of $280 suggests that the analyst sees continued upside potential in the stock, which could encourage investors to maintain or increase their positions in PANW.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100