BMO Capital Maintains Outperform on Palo Alto Networks, Raises Price Target to $390
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained its 'Outperform' rating on Palo Alto Networks and raised the price target from $334 to $390, indicating confidence in the company's future performance.
August 20, 2024 | 9:50 am
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BMO Capital has increased its price target for Palo Alto Networks from $334 to $390 while maintaining an 'Outperform' rating, suggesting a positive outlook for the company's stock.
The increase in price target from $334 to $390 by BMO Capital, along with the maintained 'Outperform' rating, indicates a strong positive sentiment towards Palo Alto Networks. This is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100