Citi analysts reiterated a Buy rating for Palo Alto Networks. They set a $400 price target. Analysts suggest positive financial revisions are possible as the company integrates CyberArk.
This positive outlook stems from CyberArk's successful integration. CyberArk is now known as the Idira unit. This integration is expected to boost Palo Alto Networks' next-generation security offerings.
Palo Alto Networks completed its $25 billion acquisition of the identity security leader in February 2026.
Citi noted operational synergies from the deal appear ahead of schedule. This could lead to better margins and revenue growth.
The acquisition forms a core part of Palo Alto Networks' strategy. This strategy aims to create a unified security platform for the AI era.