Keybanc Maintains Overweight on Palo Alto Networks, Raises Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Eric Heath maintains an Overweight rating on Palo Alto Networks and raises the price target from $380 to $400.
August 20, 2024 | 9:57 am
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Keybanc analyst Eric Heath has increased the price target for Palo Alto Networks from $380 to $400 while maintaining an Overweight rating. This suggests a positive outlook for the company's stock.
The increase in price target from $380 to $400 by Keybanc, along with the maintained Overweight rating, indicates a positive sentiment from the analyst. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100