PANW is trading at $342.14 (up 3.06%) as it extends a rally driven by a fiscal Q3 earnings beat and a wave of Wall Street price-target increases.
- The stock reached fresh highs on June 29, with analysts citing strong channel feedback and robust demand for AI-security solutions as primary drivers.
- Broader market strength is providing a tailwind for growth stocks, with the Nasdaq Composite up 1.48% and the S&P 500 rising 0.78%.
- Trading remains active near the new high area, with intraday volume recently reported at 2.67M shares.