Zacks.com users have recently been watching Palo Alto (PANW) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Cloud security is a “new hot space” with app modernization driving a significant growth opportunity, analysts at Bank of America believe. They wrote in a note to clients that the adoption of Cloud computing has introduced great efficiencies but also its fair share of cybersecurity risks.
Palo Alto Networks (PANW) concluded the recent trading session at $316.68, signifying a -1.14% move from its prior day's close.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Palo Alto (PANW) reported earnings 30 days ago. What's next for the stock?
Palo Alto Networks demonstrates strong revenue momentum and robust operating leverage, driving innovation and fostering promising new partnerships. New partnerships with technology and consulting giants, combined with a strong focus on innovation, enhance PANW's positioning in the thriving AI-driven cybersecurity niche. My DCF model suggests that the current share price is compelling, since there is an 18% upside potential left.
Recently, Zacks.com users have been paying close attention to Palo Alto (PANW). This makes it worthwhile to examine what the stock has in store.
Supermicro's partnership with Nvidia should help it deliver handsome returns. An innovative cloud sentinel is using AI to bolster companies' cyber defenses.
Palo Alto's (PANW) new local cloud establishment is set to build the trust of companies operating in Indonesia, which may further increase the market share and add to its top line.
Palo Alto Networks, Inc. (NASDAQ:PANW ) Bank of America 2024 Global Technology Conference June 4, 2024 10:50 AM ET Company Participants Nikesh Arora - Chief Executive Officer Conference Call Participants Tal Liani - Bank of America Tal Liani Thanks very much for joining us to our tech -- Annual Tech Conference. We have a wonderful schedule for you for the next few days.
Recently, Zacks.com users have been paying close attention to Palo Alto (PANW). This makes it worthwhile to examine what the stock has in store.
Palo Alto Networks has become a formidable leader in cybersecurity. The industry is currently working through a sales slowdown.