TD Cowen raised its price target for Palo Alto Networks to $400. The previous price target was set at $360. The firm reiterated its Buy rating on the stock.
Positive industry checks indicate strong demand for cybersecurity platform solutions. Multiple other analysts have also recently increased their price targets for the company.
Compass Capital Management Inc., Roman Butler Fullerton & Co., and Nippon Life Global Investors Americas Inc. established new positions on August 17, 2026. These investments reflect rising institutional confidence in the company's growth prospects.