Palo Alto Networks is trading 6.8% up at $362.33 after JPMorgan raised its price target to $384 from $326 while maintaining an Overweight rating.
- JPMorgan cited platform momentum, strong free-cash-flow potential, conservative guidance, and early CyberArk integration progress.
- Broader technology sentiment is supportive: the Nasdaq Composite is up 0.70%, while Nvidiaβs earnings are strengthening the AI trade.