Oppenheimer Maintains Outperform on Palo Alto Networks, Raises Price Target to $410
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ittai Kidron maintains an Outperform rating on Palo Alto Networks and raises the price target from $390 to $410.
August 20, 2024 | 1:21 pm
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Oppenheimer has increased its price target for Palo Alto Networks from $390 to $410 while maintaining an Outperform rating, indicating positive expectations for the company's stock performance.
The increase in price target from $390 to $410 by Oppenheimer suggests a positive outlook on Palo Alto Networks' future performance. Maintaining an Outperform rating indicates confidence in the company's growth prospects, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100