Palo Alto Networks price target raised to $425 from $410 at Barclays
The Fly

Palo Alto Networks price target raised to $425 from $410 at Barclays

Barclays raised the firm’s price target on Palo Alto Networks (PANW) to $425 from $410 and keeps an Overweight rating on the shares ahead of the earnings report on November 20. The firm sees upside to fiscal Q1 bookings and annual recurring revenue on better channel checks, strength in platformizations, and seasonality.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App