Aug. 10 at 6:50 PM
BTIG lifted its price target on Palo Alto to
$380 a share, reflecting about 4% upside from Friday’s close. Palo’s identity platform stands to benefit from the proliferation of AI agents, while products such as XSIAM and Chronosphere create a “data moat” for other security verticals.
The firm lifted its price target on CrowdStrike to
$237 per share, reflecting 11% upside from Friday’s close, and boosted shares of Rubrik to a
$109 per-share target.
“We think AI is creating a new modernization cycle in the endpoint security space, which directly benefits CRWD’s core business,” they wrote.
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