Palo Alto Networks price target raised to$ 232 from$ 225 at RBC Capital

raised the firm’s on Palo Alto Networks ( PANW) to$ 232 from$ 225 and keeps an Outperform rating on the shares. According to the analyst, the company posted strong results in a research note while experiencing mingled sentiment and better than expected guidance. The company’s comments on a more confident attitude from customers and the improvement of the 37 % free cash flow margin goal to FY27, which addresses a crucial bear argument, are positive, according to RBI.

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