Reported about 2 months ago
Analysts are raising their price targets for Palo Alto Networks ahead of its upcoming earnings report on August 19, 2024, citing strong demand and market share gains. Current targets include $365 from JPMorgan and $385 from Scotiabank. The CEO highlighted the fast-evolving cyber threat landscape, emphasizing the need for comprehensive cybersecurity solutions as cybercrime costs are projected to reach $10.5 trillion by 2025.
Source: YAHOO