RBC Capital Reiterates Outperform on Palo Alto Networks, Maintains $281 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has reiterated an Outperform rating on Palo Alto Networks (NASDAQ:PANW) and maintained a price target of $281.
November 16, 2023 | 4:08 pm
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RBC Capital analyst reaffirms Outperform rating on Palo Alto Networks with a $281 price target, indicating a positive outlook on the stock.
The reiteration of an Outperform rating by a major analyst like RBC Capital suggests a positive sentiment towards Palo Alto Networks. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100