Truist Securities Maintains Buy on Palo Alto Networks, Raises Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Palo Alto Networks and raised its price target from $350 to $400.
August 20, 2024 | 2:28 pm
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Truist Securities has reaffirmed its Buy rating on Palo Alto Networks and increased the price target from $350 to $400, indicating confidence in the company's future performance.
The increase in the price target from $350 to $400 by Truist Securities 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