Needham Raises Price Target for Palo Alto Networks by Over 20%
Needham raised its price target on Palo Alto Networks (PANW) stock to $425 from $350, a more than 20% increase. The firm reiterated its 'Buy' rating and cited confidence in the company's ability to sustain strong organic growth and integrate recent acquisitions effectively.
Tickers: $PANW
Topics: AI adoption analyst upgrade cybersecurity stock price target