Shares of PANW are trading at $249.75 (4% up) after receiving significant price target upgrades from multiple Wall Street analysts.
- Stifel raised its price target to $275 from $185, citing positive feedback from cybersecurity partners.
- BMO Capital Markets also increased its target to $270 from $200, maintaining an outperform rating.
- The moves follow a similar price target boost from Truist on Tuesday, contributing to broad positive sentiment for the stock.