TD Cowen Maintains Buy on Palo Alto Networks, Raises Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Shaul Eyal maintains a Buy rating on Palo Alto Networks and raises the price target from $350 to $400.
August 20, 2024 | 2:20 pm
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TD Cowen analyst Shaul Eyal has reiterated a Buy rating for Palo Alto Networks and increased the price target from $350 to $400, indicating confidence in the company's future performance.
The increase in price target from $350 to $400 by TD Cowen 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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100