poisar

Stocks · News reference

Wedbush Assumes Palo Alto Networks at Outperform, Announces Price Target of $400

BenzingaBenzinga Newsdesk

Wedbush analyst Steven Wahrhaftig assumes Palo Alto Networks (NASDAQ:PANW) with a Outperform rating and announces Price Target of $400.

Reference Details

Connected Markets

Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.

Source
benzinga
Observed
Checked
Cadence
Captured once, then retained as an archive reference
Status
fresh

Keep reading

  1. Zacks Investment ResearchZacks.Com

    Is FTNT Stock Worth Buying at a Premium P/S or Should Investors Wait?

    Fortinet (FTNT) has emerged as a strong cybersecurity performer with 98% YTD gains, trading at a premium 13.16x forward P/S ratio. Despite the high valuation, the company's raised 2026 guidance, 26% revenue growth, 33% billings expansion, and AI-security platform innovations suggest fundamentals justify the premium. Analysts recommend buying now rather than waiting for a pullback, citing durable growth drivers and competitive differentiation through its AI-native Security Fabric.

  2. Zacks Investment ResearchZacks.Com

    PANW Surges 102% in 6 Months: Should You Buy, Sell or Hold the Stock?

    Palo Alto Networks (PANW) has surged 102% in six months, driven by strong demand for AI-native cybersecurity solutions, particularly in SASE with 40% bookings growth and 9x increase in agentic traffic. However, rising cloud hosting costs, higher hardware component costs, and a premium valuation of 18.97X forward P/S ratio warrant caution. Zacks recommends a Hold rating despite strong long-term growth prospects.