KeyBanc raised the firm’s price target on Palo Alto Networks to $315 from $300 and keeps an Overweight rating on the shares. The firm has increased confidence in Palo’s ability to be a long-term consolidator of security and a leading beneficiary of the strong momentum in SASE, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PANW:
- Cybersecurity Stocks in Israel Face War Threat
- Palo Alto Networks Stock (NASDAQ:PANW): Bank on Cybersecurity Concerns
- Check Point, CyberArk among software names exposed to Isreal, says JPMorgan
- Early notable gainers among liquid option names on October 6th
- Kyndryl Holdings and Palo Alto Networks partner in cybersecurities services