Palo Alto Networks in spotlight as Stifel ups price target ahead of Q3 results
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Palo Alto Networks (PANW) gained attention as Stifel raised its price target from $185 to $275 ahead of its Q3 results on June 3. Analyst Adam Borg noted positive feedback from cybersecurity partners regarding demand trends and Palo's performance. He expects at least in-line results and reaffirmed FY26 guidance. Following the news, Palo Alto shares rose nearly 3%.
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