Stifel Reiterates Buy on Palo Alto Networks, Maintains $280 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Adam Borg has reiterated a Buy rating on Palo Alto Networks (NASDAQ:PANW) and maintained a price target of $280.
November 16, 2023 | 5:49 pm
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Stifel analyst Adam Borg reaffirmed a Buy rating on Palo Alto Networks with a steady price target of $280, indicating continued confidence in the company's performance.
The reiteration of a Buy rating by a Stifel analyst, along with the maintenance of a $280 price target, suggests a positive outlook for Palo Alto Networks. This endorsement from a reputable analyst could lead to increased investor confidence and a potential short-term uplift in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100