Bernstein Maintains Outperform on Palo Alto Networks, Raises Price Target to $399
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Peter Weed maintains an Outperform rating on Palo Alto Networks and raises the price target from $364 to $399.
August 20, 2024 | 11:28 am
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Bernstein analyst Peter Weed has reaffirmed an Outperform rating for Palo Alto Networks and increased the price target from $364 to $399, indicating confidence in the company's future performance.
The increase in price target from $364 to $399 by Bernstein suggests a positive outlook on Palo Alto Networks' future performance. 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