Stifel Maintains Buy on Palo Alto Networks, Raises Price Target to $385
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Adam Borg maintains a Buy rating on Palo Alto Networks and raises the price target from $360 to $385.
August 20, 2024 | 11:40 am
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POSITIVE IMPACT
Stifel analyst Adam Borg has reaffirmed a Buy rating for Palo Alto Networks and increased the price target from $360 to $385, indicating confidence in the company's future performance.
The increase in price target from $360 to $385 by Stifel suggests a positive outlook on Palo Alto Networks' future performance. The Buy rating indicates continued confidence in the stock, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100