Palo Alto Stock Pops As Analysts Say Strong Growth, CyberArk Deal Could Power Next Leg Higher
Palo Alto Networks PANW shares are trading higher after the company beat fourth-quarter estimates and issued strong guidance.Following the earnings release, several Wall Street analysts reiterated their positive outlook on the stock. Most maintained a Buy rating, reflecting confidence in the company’s performance and growth prospects.Needham analyst Mike Cikos reiterated a Buy rating and maintained a $230 price forecast. Rosenblatt’s Catharine Trebnick also kept her Buy rating but raised her price forecast ...