We recently published Jim Cramer Discussed These 10 Stocks Including A Hidden Gem & An AI Short.
Palo Alto Networks, Inc. (NASDAQ:PANW) is one of the stocks discussed by Jim Cramer
Cybersecurity provider Palo Alto Networks, Inc. (NASDAQ:PANW)’s shares are up by 39% over the past year and by 45% year-to-date. Truist discussed the firm on May 19th as it raised the share price target to $275 from $200 and kept a Buy rating on the stock. Truist’s coverage came ahead of the first quarter earnings cycle for the cybersecurity industry.
It added that Palo Alto Networks, Inc. (NASDAQ:PANW) and other cybersecurity firms could see additional debate surrounding the impact of AI on their industries. Following the firm’s launch of its Idira idea generation platform, Oppenheimer raised the share price target to $275 from $245 and kept an Outperform rating. The financial firm explained that its coverage came after a survey at Palo Alto Networks, Inc. (NASDAQ:PANW)’s CyberArk IMPACT 2026 conference.