Scotiabank Reaffirms $225 Target for Palo Alto Networks After Solid Q3 Results

From Yahoo Finance: 2025-05-22 14:57:00

Scotiabank maintained its positive rating and $225 price target for Palo Alto Networks Inc. (NASDAQ:PANW) following their fiscal Q3 results. Analyst Patrick Colville praised their performance and optimistic outlook for the firewall market. However, caution was advised due to potential obstacles in future growth. The company is seen as a strong long-term investment in the software industry. Investors are encouraged to explore other AI stocks for potentially higher returns.

Read more: Scotiabank Reaffirms $225 Target for Palo Alto Networks After Solid Q3 Results