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Tigress Financial Initiates Coverage on Palo Alto Networks with Buy Rating, $245 Price Target
Tigress Financial Initiates Coverage on Palo Alto Networks with Buy Rating, $245 Price Target
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BTCCSquare news:
Tigress Financial Partners has launched coverage of Palo Alto Networks (PANW) with a bullish Buy rating and a $245 price target, implying 21% upside potential. Analyst Ivan Feinseth highlights the cybersecurity firm's AI-driven security platform, subscription growth, and cloud expansion as key drivers.
The company's latest earnings demonstrated accelerating demand for next-generation security solutions. Feinseth emphasizes Palo Alto's unique positioning to capitalize on global cybersecurity needs fueled by sophisticated attacks and regulatory tailwinds.
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