Morgan Stanley sees potential for Palo Alto Networks stock to double in 4-5 years

From Investing.com: 2025-01-21 09:08:28

Morgan Stanley sees an attractive entry point for Palo Alto Networks Inc, citing platform deals and growth catalysts. PANW shares rose 2% to $180. The brokerage predicts potential for the stock to double in 4-5 years, driven by strong free cash flow and EPS growth. Recent deals with the UK Home Office highlight PANW’s influence, with bookings growth expected to accelerate. Morgan Stanley forecasts revenue and free cash flow to double by FY30.



Read more at Investing.com: Morgan Stanley sees ‘attractive entry point’ in Palo Alto Networks stock By Investing.com