Barclays Maintains Overweight on Palo Alto Networks, Lowers Price Target to $325
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Overweight rating on Palo Alto Networks (NASDAQ:PANW) but lowers the price target from $345 to $325.
May 21, 2024 | 3:16 pm
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Barclays analyst Saket Kalia maintains an Overweight rating on Palo Alto Networks but lowers the price target from $345 to $325.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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IMPORTANCE 70
RELEVANCE 100