Stifel raised its price target on Palo Alto Networks (PANW) to $275 from $185, maintaining a Buy rating. The stock currently trades at $240.13.
The firm reviewed five top resellers. Three exceeded expectations, with two substantially above. Demand was broad-based, especially for firewall deals.
Partners report a strong July pipeline and 10-40% growth outlook for 2026.
CyberArk integration had initial hiccups, but overall sentiment remains positive.
Bond.az analysis suggests the stock may be overvalued.
