Stifel Nicolaus Forecasts Strong Price Appreciation for Palo Alto Networks (NASDAQ:PANW) Stock

Market Beat
2026.05.20 12:11
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Stifel Nicolaus has raised its price target for Palo Alto Networks (NASDAQ:PANW) from $185 to $275, maintaining a 'buy' rating. This suggests a potential upside of 14.52% from the current price. Other analysts have varied targets, with Deutsche Bank lowering theirs to $220 and BMO to $200. The stock opened at $240.13, with a 12-month high of $248.85. CEO Nikesh Arora recently purchased shares, increasing his stake significantly.