JPMorgan reinstated coverage of Palo Alto Networks, Inc. (NASDAQ:PANW) with an Overweight rating and a $235 price target on December 17. The company reported fiscal Q1 2026 results, with revenue rising 16% year over year to $2.47 billion. Palo Alto Networks offers one of the most complete security platforms in the market. ARR from next-generation security offerings increased 29% to $5.85 billion. The company closed 16 new platform deals during the quarter. Palo Alto Networks is a global cybersecurity company providing AI-driven security.
Read more at Yahoo Finance: JPMorgan Reinstates Palo Alto Networks (PANW) With Overweight Rating
