Oppenheimer Maintains Outperform on Palo Alto Networks, Raises Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ittai Kidron has maintained an 'Outperform' rating on Palo Alto Networks and increased the price target from $410 to $450.
October 22, 2024 | 4:06 pm
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Oppenheimer has reaffirmed its 'Outperform' rating for Palo Alto Networks and increased the price target to $450, indicating confidence in the company's future performance.
The increase in price target from $410 to $450 by Oppenheimer suggests a positive outlook on Palo Alto Networks' future performance. The 'Outperform' rating indicates that the analyst expects the stock to perform better than the market average, which could lead to increased investor interest and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100