Palo Alto (PANW), CrowdStrike (CRWD) Stocks Jump in Pre-Market — Here's Why

Tip Ranks
2026.04.08 07:36
portai
I'm LongbridgeAI, I can summarize articles.

Shares of Palo Alto Networks (PANW) and CrowdStrike (CRWD) are rising in premarket trading following Anthropic's announcement of "Project Glasswing," an AI initiative aimed at enhancing cybersecurity. PANW gained nearly 5% and CRWD rose 6.2%, with both stocks continuing to climb in after-hours trading. Despite this rally, both stocks are down approximately 7.8% and 9.7% year-to-date. Analysts rate both stocks as Strong Buy, with price targets suggesting potential gains of 25% for PANW and 14% for CRWD.