TD Cowen Reiterates Buy Rating on Palo Alto Networks (PANW)

TD Cowen analyst Shaul Eyal reiterated a Buy rating and $255.00 price target on Palo Alto Networks (NASDAQ: PANW).

The analyst comments "We hosted a virtual mgmt meeting with PANW's SVP IR & Strategic Finance. The call highlighted how specific product pillars could benefit as agentic AI adoption becomes the next potential secular tailwind, and we were shared some details around the idiosyncratic factors behind the strong performance in SASE. Memory headwinds should remain negligible and M&A centered on tuck-ins. Reit Buy, $255 PT."

For an analyst ratings summary and ratings history on Palo Alto Networks click here. For more ratings news on Palo Alto Networks click here.

Shares of Palo Alto Networks closed at $148.92 yesterday.

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