Palo Alto Networks (PANW) PT Raised to $275 at BMO Capital
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This cybersecurity stock could double in value within next 3-4 years - Morgan Stanley
August 21, 2023 8:25 AM EDTMorgan Stanley analysts have reiterated their projection that a leading cybersecurity stock could hit a market capitalization of $100 billion, which is representing over 40% potential upside from current levels. The stock is question is Palo Alto Networks (NASDAQ: PANW).
Analyst Hamza Fodderwala believes this event will occur within the next 12 months. Moreover, Morgan Stanley believes the stock could nearly double in value over the course of 3 to 4 years.
This is based on our 4-year view of revenue doubling (~19% CAGR), EPS more than doubling (>25% CAGR) and ~19% CAGR in... More
Palo Alto Networks (PANW) PT Raised to $295 at TD Cowen
August 21, 2023 6:26 AM EDTTD Cowen analyst Shaul Eyal raised the price target on Palo Alto Networks (NASDAQ: PANW) to $295.00 (from $260.00) while maintaining a Outperform rating.
The analyst commented, "Solid F4Q results and FY26 outlook calling for billings and rev growth of 17-19% are viewed favorably.... More
