Evercore ISI Group Maintains Outperform on Palo Alto Networks, Raises Price Target to $405
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Peter Levine has maintained an Outperform rating on Palo Alto Networks (NASDAQ:PANW) and increased the price target from $315 to $405.
January 26, 2024 | 8:08 pm
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Evercore ISI Group's analyst Peter Levine has reaffirmed an Outperform rating on Palo Alto Networks and raised the price target to $405, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Peter Levine suggests a strong conviction in the company's future performance. This typically instills confidence in current and potential investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100