Palo Alto Networks is trading 6.5% up at BRL 29.76 as investors rotate back into technology and cybersecurity following favorable analyst updates and cooling U.S. inflation.
- Citi and Wells Fargo recently raised their price targets, citing strong institutional demand for the company's platformization-driven growth strategy.
- A broader risk-on market sentiment, fueled by softer inflation data, is providing additional tailwinds for the stock's continued upward momentum.