Keybanc Maintains Overweight Rating for Palo Alto Networks: Here's What You Need To Know

Keybanc has decided to maintain its Overweight rating of Palo Alto Networks PANW and raise its price target from $300.00 to $315.00.

Shares of Palo Alto Networks are trading up 0.46% over the last 24 hours, at $261.83 per share.

A move to $315.00 would account for a 20.31% increase from the current share price.

About Palo Alto Networks

Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 85,000 customers across the world, including more than three fourths of the Global 2000.

About Analyst Ratings

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Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.