Needham Reiterates Buy on Palo Alto Networks, Maintains $345 Price Target
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Alex Henderson has reiterated a Buy rating on Palo Alto Networks (NASDAQ:PANW) and maintained a price target of $345.
February 21, 2024 | 12:47 pm
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Needham analyst Alex Henderson reiterates a Buy rating on Palo Alto Networks with a maintained price target of $345.
The reiteration of a Buy rating by a reputable analyst, along with the maintenance of a high price target, typically signals confidence in the company's future performance. This can positively influence investor sentiment and potentially lead to an increase in stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100