Analysts Raise Palo Alto Networks Stock Price Targets - What's the Best PANW Play?

Analysts have hiked price targets for Palo Alto Networks (PANW) stock. In a prior article, I showed that a short-put PANW play works well. Another play for investors with limited capital is a PANW bull put credit spread. This play offers high expected returns, although risks are higher as well.

PANW closed at $374.74 on Friday. It's down from a recent peak of $393.30 (Sept. 23), but well up from its Sept. 11 low of $330.65. That was after the cybersecurity company's Sept. 1 fiscal Q4 earnings release.