B of A Securities Maintains Neutral on Palo Alto Networks, Raises Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Palo Alto Networks while raising the price target from $370 to $400.
August 21, 2024 | 2:57 pm
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POSITIVE IMPACT
B of A Securities has maintained a Neutral rating on Palo Alto Networks, but increased the price target from $370 to $400, indicating a positive outlook.
The increase in price target from $370 to $400 by B of A Securities suggests a positive outlook for Palo Alto Networks, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100