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Benzinga
Benzinga
Business
Anusuya Lahiri

Palo Alto Stock Pops As Analysts Say Strong Growth, CyberArk Deal Could Power Next Leg Higher

CyberArk Palo Alto Palo Alto Networks PANW
Palo Alto Networks Inc.

Palo Alto Networks (NASDAQ:PANW) shares are trading higher after the company beat fourth-quarter estimates and issued strong guidance.

Following the earnings release, several Wall Street analysts reiterated their positive outlook on the stock. Most maintained a Buy rating, reflecting confidence in the company’s performance and growth prospects.

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