Jefferies Remains Bullish on Palo Alto Networks (PANW)

2 days ago 6

Noor Ul Ain Rehman

Tue, June 2, 2026 astatine 9:38 AM CDT 2 min read

Palo Alto Networks, Inc. (NASDAQ:PANW) is 1 of the champion stocks to bargain present for agelong word growth. Jefferies lifted the terms people connected Palo Alto Networks, Inc. (NASDAQ:PANW) to $300 from $265 connected May 29, maintaining a Buy standing connected the shares and telling investors successful a probe enactment that it expects the institution to study a bully fiscal Q3 report. The steadfast stated that Palo Alto Networks, Inc. (NASDAQ:PANW) tin deed income estimates successful fiscal Q3, but added that the shares person rallied 66% since April 10, which raises expectations. However, Jefferies inactive sees affirmative AI-driven catalysts successful fiscal 2027 for the company.

Palo Alto Networks, Inc. (PANW) Believes AI Robots Going Rogue Is Quite Difficult

Palo Alto Networks, Inc. (PANW) Believes AI Robots Going Rogue Is Quite Difficult

Palo Alto Networks, Inc. (NASDAQ:PANW) besides received a standing update from Benchmark connected May 27. The steadfast lifted the terms people connected the banal to $270 from $200 and reiterated a Buy standing connected the shares. The standing came up of the company’s fiscal Q3 net study owed aft the marketplace closes connected Tuesday, June 2, with the steadfast telling investors successful a preview that Palo Alto Networks, Inc. (NASDAQ:PANW) is “highly apt to modestly top” fiscal Q3 statement expectations connected adjacent procreation information yearly recurring revenue, full revenue, operating income, margin, and escaped currency travel margin.

Palo Alto Networks, Inc. (NASDAQ:PANW) provides web information solutions to work providers, enterprises, and authorities entities. Its operations are divided into the pursuing geographical segments: the United States, Israel, and Other Countries.

While we admit the imaginable of PANW arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 15 Stocks That Will Make You Rich successful 10 Years AND 12 Best Stocks That Will Always Grow.

Disclosure: None. Follow Insider Monkey connected Google News.

Read Entire Article