JMP Securities Reiterates Market Outperform on Palo Alto Networks, Maintains $380 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has reiterated its Market Outperform rating on Palo Alto Networks (NASDAQ:PANW) and maintained a price target of $380.
May 21, 2024 | 4:28 pm
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JMP Securities has reiterated its Market Outperform rating on Palo Alto Networks and maintained a price target of $380, indicating continued confidence in the company's performance.
The reiteration of a Market Outperform rating and a maintained price target of $380 by JMP Securities suggests strong confidence in Palo Alto Networks' future performance. This positive analyst rating is likely to boost investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100