Citigroup Maintains Buy on Palo Alto Networks, Raises Price Target to $395
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Fatima Boolani maintains a Buy rating on Palo Alto Networks and raises the price target from $385 to $395.

August 20, 2024 | 3:55 pm
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Citigroup analyst Fatima Boolani has reaffirmed a Buy rating for Palo Alto Networks and increased the price target from $385 to $395, indicating confidence in the company's future performance.
The increase in price target from $385 to $395 by Citigroup suggests a positive outlook on Palo Alto Networks' future performance. The reaffirmation of the Buy rating indicates continued confidence from the analyst, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100