Palo Alto Networks (PANW): Citizens JMP Lifts Price Target to $250 Ahead of Earnings

Palo Alto Networks, Inc. (NASDAQ:PANW) is a Must-Watch AI Stocks on Wall Street. On October 27, Citizens JMP analyst Trevor Walsh raised the firm’s price target on the stock to $250 from $212 and kept an Outperform rating on the shares. Walsh believes that PANW is a key name to watch ahead of earnings, particularly because of the under-recognized positive reaction it has received to its CyberArk acquisition. The new price target represents a modest premium to the peer group mean of 33.2x. This premium va ...