Wedbush Maintains Outperform on Palo Alto Networks, Raises Price Target to $425
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives maintains an Outperform rating on Palo Alto Networks (PANW) and raises the price target from $350 to $425.
February 16, 2024 | 2:57 pm
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POSITIVE IMPACT
Wedbush analyst Daniel Ives has maintained an Outperform rating on Palo Alto Networks and increased the price target from $350 to $425.
The increase in price target by a reputable analyst like Daniel Ives signals a strong confidence in Palo Alto Networks' future performance. This endorsement is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100