Jefferies Raises Price Target for Palo Alto Networks to $265 Amid AI-Driven Cybersecurity Trends
Jefferies analyst Joseph Gallo raised the price target on Palo Alto Networks (PANW) from $215 to $265, maintaining a Buy rating. The move is attributed to frontier AI accelerating attack timelines and increasing enterprise spending on automated identity-based detection and response solutions.
Topics: AI cybersecurity price target raise