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) and maintained a price target of $280.
January 12, 2024 | 5:45 pm
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Cantor Fitzgerald analyst reaffirms Overweight rating on Palo Alto Networks with a steady price target of $280.
The reiteration of an Overweight rating by a reputable analyst like Jonathan Ruykhaver from Cantor Fitzgerald is likely to instill confidence in investors and could positively influence the stock price in the short term. The maintenance of the $280 price target suggests a belief in the company's potential to reach or exceed this value, which may encourage investment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100