Reported 2 days ago
Evercore ISI maintains a positive outlook on Palo Alto Networks (PANW), reiterating an Outperform rating with a $220 price target. Despite expected muted investor sentiment and fiscal year 2026 guidance slightly below Wall Street estimates, the firm believes there is potential upside for the stock as attention shifts away from the CyberArk acquisition. While the sentiment among investors is currently low, Evercore remains confident in Palo Alto's long-term prospects, suggesting meaningful upside for those with a multi-quarter investment view.
Source: YAHOO