Evercore ISI Group Maintains Outperform on Palo Alto Networks, Raises Price Target to $395
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained its 'Outperform' rating on Palo Alto Networks and raised the price target from $385 to $395, indicating a positive outlook for the company's stock.
August 20, 2024 | 10:29 am
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Evercore ISI Group has reaffirmed its 'Outperform' rating for Palo Alto Networks and increased the price target from $385 to $395, suggesting confidence in the company's future performance.
The increase in price target from $385 to $395 by Evercore ISI Group reflects a positive sentiment towards Palo Alto Networks' future performance. The 'Outperform' rating suggests that the analyst expects the stock to perform better than the market average, which is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100