Palo Alto Networks (PANW) PT Raised to $250 at Piper Sandler

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Palo Alto Networks (PANW) positioned for expanding profitability - TD Cowen

June 9, 2023 12:05 PM EDT

TD Cowen lifted Palo Alto Networks' (NASDAQ: PANW) price target to $260 from $235 on Friday, with analyst Shaul Eyal maintaining an Outperform rating on the stock.

The analyst told investors that the company is positioned for durable growth and expanding profitability.

"PANW's guidance indicates that the company should exit FY23 as a rule of 50... More