Shares of Palo Alto Networks are trading higher after Baird maintained an Outperform rating and raised its price target from $340 to $360.
Portfolio Pulse from Benzinga Newsdesk
Shares of Palo Alto Networks are trading higher after Baird maintained an Outperform rating and raised its price target from $340 to $360.
June 27, 2024 | 2:49 pm
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POSITIVE IMPACT
Baird has maintained an Outperform rating on Palo Alto Networks and raised its price target from $340 to $360, leading to a rise in the stock price.
The increase in the price target and the maintained Outperform rating by Baird is a positive signal to investors, indicating confidence in the company's future performance. This has led to a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100