Palo Alto Networks Price Target Raised to $200 as Analysts Weigh In

Palo Alto Networks (PANW) shares saw a 1.4% increase after Susquehanna raised its price target to $230.00, maintaining a positive outlook on the stock. Despite mixed reviews from analysts—ranging from upgrades to downgrades—Palo Alto's consensus rating remains a 'Moderate Buy' with a target price averaging around $202.70. The company is expected to report earnings of $0.76 per share for the current quarter, reflecting a 15.2% increase year-over-year. Additionally, the stock's performance has outpaced the S&P 500, returning 12.9% over the past month. Analysts emphasize that future stock value is closely tied to changes in earnings projections, which have recently shown positive adjustments. The strong interest in AI security growth further positions Palo Alto as a significant player in the tech sector.