Aug. 17 at 11:03 AM
$PANW Palo Alto Networks price target raised to
$475 from
$420 at Wells Fargo
Wells Fargo raised the firm's price target on Palo Alto Networks to
$475 from
$420 and keeps an Overweight rating on the shares. The firm expects shares to extend higher despite recent run, as checks further improving into July underpins its view of Palo Alto as strongest exposure to secular growth in cyber. Wells sees FY27 guide, M&A execution and cleaner segmentation as catalysts.
