Palo Alto Networks (PANW): Citizens JMP Lifts Price Target to $250 Ahead of Earnings
Palo Alto Networks, Inc. (NASDAQ:PANW) is a Must-Watch AI Stocks on Wall Street. On October 27, Citizens JMP analyst Trevor Walsh raised the firm’s price target on the stock to 212 and kept an Outperform rating on the shares. Walsh believes that PANW is a key name to watch ahead of earnings, particularly because of the under-recognized positive reaction it has received to its CyberArk acquisition. The new price target represents a modest premium to the peer group mean of 33.2x. This premium va ...