Goldman Sachs Maintains Buy on Palo Alto Networks, Raises Price Target to $425
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Gabriela Borges has maintained a Buy rating on Palo Alto Networks and increased the price target from $376 to $425.
October 08, 2024 | 2:21 pm
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POSITIVE IMPACT
Goldman Sachs has reaffirmed its Buy rating on Palo Alto Networks and increased the price target to $425, indicating confidence in the company's future performance.
The increase in price target from $376 to $425 by a reputable firm like Goldman Sachs suggests a positive outlook for Palo Alto Networks. This is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100