UBS analyst Roger Boyd lowered the firm’s price target on Palo Alto Networks (PANW) to $185 from $200 and keeps a Neutral rating on the shares. While UBS sees an easier setup into Q4, there are still some questions, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PANW:
- Palo Alto Networks upgraded to Overweight from Neutral at Piper Sandler
- Palo Alto Networks: Strong Market Position and Growth Potential with Positive Outlook Despite Conservative Guidance
- Mixed options sentiment in Palo Alto Networks with shares down 0.14%
- Fortinet price target lowered to $101 from $118 at Goldman Sachs
- Palo Alto Networks price target raised to $496 from $380 at Morgan Stanley