Palo Alto Networks Rises 16% in a Month: Time to Hold or Book Profits?

Key Takeaways Palo Alto Networks gained 15.6% in a month, topping peers like Fortinet, Qualys and Okta.AI innovations, platformization and large deals boosted PANW's revenue and customer growth.Slowing NGS ARR growth and premium valuation raise concerns about sustaining momentum.Palo Alto Networks, Inc. (PANW) shares have gained 15.6% in the past month, outperforming the Zacks Security industry’s growth of 6.5%. The stock has also outperformed its industry peers and competitors, including Fortinet (FTNT) , ...