Barclays has lowered its price target for Palo Alto Networks (PANW) to $200 from $230 but maintained an Overweight rating on the stock. This adjustment reflects a potential re-valuation, while other analysts have recently issued varied ratings and price targets for the cybersecurity company. Despite the reduced target, the average analyst target price and GuruFocus’ estimated GF Value suggest a significant upside from the current trading price.
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PANW: Barclays Lowers Price Target to $200, Maintains Overweight Rating | PANW Stock News
Barclays has lowered its price target for Palo Alto Networks (PANW) to $200 from $230 but maintained an Overweight rating on the stock. This adjustment reflects a potential re-valuation, while other analysts have recently issued varied ratings and price targets for the cybersecurity company. Despite the reduced target, the average analyst target price and GuruFocus’ estimated GF Value suggest a significant upside from the current trading price.