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$PANW D.A. Davidson opens coverage of Palo Alto at buy D.A. Davidson named Palo Alto Networks a top idea, citing its three cybersecurity platforms. Analyst Rudy Kessinger initiated coverage at a buy rating and named the stock to the firm’s best picks list. Kessinger’s $380 price…
$PANW | D.A. Davidson Opens Coverage of Palo Alto at Buy with $380 PT
$PANW | D.A. Davidson Opens Coverage of Palo Alto at Buy with $380 PT Analyst Comments: "One of the key reasons for optimism is that the company is firing on three cylinders when it comes to cybersecurity, while competitors are only focused on just one." "Palo Alto’s total…
Palo Alto Networks ($PANW) has been initiated with a Buy rating by D.A. Davidson, with a price target of $380. Analysts are optimistic about the company's cybersecurity performance compared to competitors. Jefferies also raised its target on an industrial stock.