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Analysts' Perspective: Palo Alto Networks' PT Raised, Agilent Technologies' PT Lowered

  • May 24th, 2023
  • 534 views

Palo Alto Networks, Inc. (Nasdaq: PANW) has seen a series of upward adjustments in its price target from various financial institutions. Deutsche Bank raised the price target from $210 to $225, Scotiabank increased it from $212 to $222, and Raymond James raised it from $215 to $230. RBC Capital Markets adjusted the target from $216 to $232, while Robert W. Baird raised it from $230 to $235. BMO Capital Markets increased the target from $228 to $235, and Wells Fargo adjusted it from $250 to $265. TD Cowen raised the target from $207 to $235, UBS from $200 to $220, and JP Morgan from $225 to $251. Other adjustments include Mizuho raising the target from $220 to $230, Stifel from $225 to $240, Credit Suisse from $235 to $260, Wolfe Research from $210 to $225, Evercore ISI from $215 to $240, BTIG Research from $240 to $253, Barclays from $235 to $245, and JMP Securities from $230 to $255.

Following these adjustments, $PANW is currently trading at $204.50, showing a significant increase of $14.76 (+7.78%).

On the other hand, Agilent Technologies, Inc. (NYSE: A) has experienced several downward adjustments in its price target. Credit Suisse lowered the target from $170 to $160, SVB Securities from $170 to $145, and Evercore ISI from $150 to $126. TD Cowen adjusted the target from $164 to $144, BofA Securities from $153 to $135, and Stifel from $174 to $144. Robert W. Baird lowered the target from $170 to $160, Wells Fargo from $150 to $130, Citigroup from $140 to $135, and Barclays from $140 to $135.

As a result of these adjustments, $A is currently trading at $115.78, experiencing a decrease of $12.86 (-10.00%).

 

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)

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