Reported 1 day ago
Rosenblatt has reduced its price target for Palo Alto Networks (PANW) from $235 to $215 while maintaining a Buy rating. The firm reports that recent checks indicate stable performance in Q4, driven by a strong demand for software firewalls and the adoption of new products like Prisma Access. They anticipate revenue growth exceeding estimates and highlight the ongoing transition from legacy platforms to PANW's offerings.
Source: YAHOO