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Stock impact report

Analysts Remain Cautious on Palo Alto (PANW) Amid Growth Challenges [Yahoo! Finance]

Palo Alto Networks, Inc. (PANW) 
Last palo alto networks, inc. earnings: 2/24 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
price target on the company's stock from $220 to $215 and maintained a Neutral rating. UBS remains constructive on the cybersecurity sector as it estimates that spending in this industry will exceed growth in the overall IT budgets. Moreover, the firm expects further improvement through consolidation and increased commercialization of AI-enabled solutions. That said, the firm cautions that stock selection is likely to remain challenging in the current environment. It favours stocks in the mid-cap security platform space that are still in the early stages of their product ecosystems and growth. Data from TipRanks indicate that UBS has maintained a cautious stance on Palo Alto Networks Inc. (NASDAQ:PANW) for an extended period and continues to do so in its latest update. As noted in its last update in November, UBS's cautious outlook was driven by softness in platformization deals and a potential deceleration in service revenue growth. In the first week of January, Guggenheim up Show less Read more
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