Northland Capital Markets Maintains Market Perform on Palo Alto Networks, Raises Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Northland Capital Markets has maintained a Market Perform rating on Palo Alto Networks while raising the price target from $275 to $350.
August 20, 2024 | 5:54 pm
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Northland Capital Markets has increased the price target for Palo Alto Networks from $275 to $350, maintaining a Market Perform rating.
The increase in price target from $275 to $350 suggests a positive outlook on Palo Alto Networks' future performance. Maintaining a Market Perform rating indicates that the stock is expected to perform in line with the market. The raised price target could lead to a positive short-term impact on the stock price as it reflects increased confidence from the analyst.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100