RBC Capital Maintains Outperform on Palo Alto Networks, Raises Price Target to $410
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has maintained an 'Outperform' rating on Palo Alto Networks and raised the price target from $390 to $410.
August 20, 2024 | 12:01 pm
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RBC Capital has reaffirmed its 'Outperform' rating for Palo Alto Networks and increased the price target to $410, indicating confidence in the company's future performance.
The increase in price target from $390 to $410 by RBC Capital suggests a positive outlook for Palo Alto Networks, likely leading to a short-term increase in stock price as investors react to the analyst's confidence.
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IMPORTANCE 80
RELEVANCE 100