Susquehanna Maintains Positive on Palo Alto Networks, Lowers Price Target to $325
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Shyam Patil has maintained a Positive rating on Palo Alto Networks (NASDAQ:PANW) but lowered the price target from $400 to $325.

February 26, 2024 | 1:36 pm
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NEGATIVE IMPACT
Susquehanna maintains a Positive rating on Palo Alto Networks but lowers the price target from $400 to $325.
The reduction in the price target from $400 to $325 by Susquehanna, despite maintaining a Positive rating, could lead to a negative short-term sentiment among investors. This adjustment suggests that while the outlook remains favorable, there might be factors or challenges that could impact Palo Alto Networks' valuation or performance expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100