Palo Alto Networks stock hits record high as analysts raise price targets

Palo Alto Networks shares rose over 5% after BTIG and Wells Fargo raised their price targets. Analysts pointed to improving business momentum and ongoing customer demand for AI-driven security solutions, supporting a modestly more constructive near-term outlook.

Analysis

Palo Alto Networks shares rose over 5% after BTIG and Wells Fargo raised their price targets. Analysts pointed to improving business momentum and ongoing customer demand for AI-driven security solutions, supporting a modestly more constructive near-term outlook.