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PANW
Benzinga
91 days

Palo Alto Networks Is A Top AI-Driven Cybersecurity Play: Analyst

1. Wedbush maintains Outperform rating on PANW with a $225 price target. 2. Strong deal activity expected as PANW advances its platformization strategy. 3. AI investments will benefit PANW amidst increasing cybersecurity demand. 4. Fiscal 2025 revenue projected at $9.17 billion; strong Q3 results anticipated. 5. NGS ARR expected to rise by 33%-34% year-over-year.

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FAQ

Why Bullish?

The favorable analyst rating and projections signal positive momentum, reminiscent of previous earnings runs before growth forecasts.

How important is it?

Analyst insights into projected revenue growth and AI strategy highlight PANW's robust market positioning.

Why Short Term?

Immediate benefit expected from anticipated strong Q3 results and deal activity over the next quarter.

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