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Palo Alto Networks (PANW) Gets Major Price Target Boost from Truist Ahead of Q1 Results
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. Palo Alto Networks, Inc. (NASDAQ:PANW) is included among the 10 Best Long Term Low Risk Stocks to Buy According to Hedge Funds. Image by Alexsander-777 from Pixabay On May 19, Truist raised its price recommendation on Palo Alto Networks, Inc. (NASDAQ:PANW) to $275 from $200. It reiterated a Buy rating on the shares. The update came as part of a broader research note previewing first-quarter results for cybersecurity software companies. The analyst said investors are still focused on the usual setup-and-beat dynamics ahead of off-cycle quarterly EPS reports. At the same time, the broader discussion around AI disruption is expected to play a major role this earnings season as investors try to identify companies that could benefit from AI versus those that may face risks. For Palo Alto, Truist said investor attention will remain centered on execution following the company’s acquisitions of Chronosphere and CyberArk Software Ltd. The firm also pointed to the underlying organic momentum across Palo Alto’s core platforms. On May 15, RBC Capital raised its price goal on PANW to $255 from $220. It kept an Outperform rating on the stock. The comments were part of a broader research note previewing quarterly results across the software sector. The analyst said the setup appears favorable for the company because its FY26 guidance was maintained on an organic basis last quarter and could have room to move higher organically in Q4. RBC also noted that the stock has already been a strong relative outperformer. Palo Alto Networks, Inc. (NASDAQ:PANW) is a global AI cybersecurity company offering a broad portfolio of cybersecurity solutions and platforms across network security, cloud security, security operations, AI, and identity protection. While we acknowledge the potential of PANW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Best Dividend Penny Stocks to Buy Right Now and 11 Best Long Term US Stocks to Buy Right Now Disclosure: None. Follow Insider Monkey on Google News.
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