Adirondack Trust Co. boosted its position in Palo Alto Networks by 246.7% in the 2nd quarter.

Source: https://www.etfdailynews.com/2023/01/04/eqis-capital-management-inc-boosts-stake-in-palo-alto-networks-inc-nasdaqpanw/

Cantor Fitzgerald increased their price target on shares of Palo Alto Networks from $240.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, August 21st.

Source: https://www.americanbankingnews.com/2023/09/21/ae-wealth-management-llc-boosts-stock-holdings-in-palo-alto-networks-inc-nasdaqpanw.html

Covestor Ltd lifted its stake in Palo Alto Networks by 61.8% in the first quarter.

Source: https://www.etfdailynews.com/2023/01/17/j-w-cole-advisors-inc-acquires-648-shares-of-palo-alto-networks-inc-nasdaqpanw/

Deutsche Bank Aktiengesellschaft raised their price objective on Palo Alto Networks from $210.00 to $225.00 and gave the stock a “buy” rating in a report on Wednesday, May 24th.

Source: https://www.americanbankingnews.com/2023/07/08/1188-shares-in-palo-alto-networks-inc-nasdaqpanw-acquired-by-thoroughbred-financial-services-llc.html

Deutsche Bank Aktiengesellschaft raised their target price on Palo Alto Networks from $225.00 to $270.00 and gave the company a “buy” rating in a research note on Monday, August 21st.

Source: https://www.americanbankingnews.com/2023/11/05/nir-zuk-sells-36000-shares-of-palo-alto-networks-inc-nasdaqpanw-stock.html

Finally, Citigroup upped their target price on shares of Palo Alto Networks from $260.00 to $285.00 and gave the company a “buy” rating in a research note on Tuesday, September 19th.

Source: https://www.etfdailynews.com/2023/12/11/bowen-hanes-co-inc-has-67-07-million-holdings-in-palo-alto-networks-inc-nasdaqpanw/

Finally, JMP Securities reaffirmed a “market outperform” rating and set a $300.00 price objective on shares of Palo Alto Networks in a research report on Monday, August 21st.

Source: https://www.americanbankingnews.com/2023/09/10/palo-alto-networks-inc-nasdaqpanw-shares-sold-by-seven-eight-capital-lp.html

Finally, Quent Capital LLC acquired a new position in shares of Palo Alto Networks in the second quarter valued at approximately $27,000.

Source: https://www.americanbankingnews.com/2023/01/16/creative-financial-designs-inc-adv-boosts-position-in-palo-alto-networks-inc-nasdaqpanw.html

For the week ending Oct. 20, CRN takes a look at the companies that brought their ‘A’ game to the channel including AMD, Intel, Microsoft, ScalePad and Palo Alto Networks.

Source: https://www.crn.com/news/channel-news/5-companies-that-came-to-win-this-week-oct-20

Fortinet : "I don't want you in Fortinet, I want you in Palo Alto Networks.

Source: https://biztoc.com/x/6bf06912c9c60a04?ref=ff

Galvin Gaustad & Stein LLC lifted its holdings in Palo Alto Networks, Inc. () by 23.6% in the 2nd quarter, according to its most recent 13F filing with the SEC.

Source: https://www.etfdailynews.com/2023/10/05/galvin-gaustad-stein-llc-has-334000-position-in-palo-alto-networks-inc-nasdaqpanw/

Geode Capital Management LLC increased its stake in shares of Palo Alto Networks by 2.8% in the 1st quarter.

Source: https://www.etfdailynews.com/2023/11/04/abrdn-plc-has-22-18-million-holdings-in-palo-alto-networks-inc-nasdaqpanw/

Grey Fox Wealth Advisors LLC purchased a new stake in shares of Palo Alto Networks during the fourth quarter valued at approximately $26,000.

Source: https://www.dailypolitical.com/2023/09/15/canandaigua-national-bank-trust-co-sells-58-shares-of-palo-alto-networks-inc-nasdaqpanw.html

In other Palo Alto Networks news, CFO sold 2,500 shares of the firm’s stock in a transaction on Wednesday, December 13th.

Source: https://www.americanbankingnews.com/2023/12/17/farther-finance-advisors-llc-has-108000-stock-holdings-in-palo-alto-networks-inc-nasdaqpanw.html

King Luther Capital Management Corp purchased a new position in shares of Palo Alto Networks during the second quarter valued at approximately $345,000.

Source: https://www.etfdailynews.com/2023/01/01/dynamic-advisor-solutions-llc-increases-stock-holdings-in-palo-alto-networks-inc-nasdaqpanw/

Loop Capital boosted their target price on Palo Alto Networks from $240.00 to $280.00 and gave the stock a “buy” rating in a research report on Monday, August 21st.

Source: https://www.etfdailynews.com/2023/10/31/banque-pictet-cie-sa-sells-24647-shares-of-palo-alto-networks-inc-nasdaqpanw/

Meanwhile, numerous major security industry players have expanded into the category over time, including cybersecurity giants such as Palo Alto Networks and CrowdStrike.

Source: https://www.crn.com/news/security/10-hot-new-cloud-security-tools-in-2023

Moneta Group Investment Advisors LLC purchased a new stake in Palo Alto Networks in the 4th quarter worth about $204,728,000.

Source: https://www.etfdailynews.com/2023/12/11/palo-alto-networks-nasdaqpanw-updates-fy-2024-earnings-guidance/

Norges Bank bought a new stake in Palo Alto Networks during the fourth quarter worth about $751,276,000.

Source: https://www.etfdailynews.com/2023/10/28/jmp-securities-reiterates-market-outperform-rating-for-palo-alto-networks-nasdaqpanw/

Palo Alto Networks also updated its Q2 2024 guidance to 1.290-1.310 EPS.

Source: https://www.etfdailynews.com/2023/12/11/palo-alto-networks-nasdaqpanw-updates-fy-2024-earnings-guidance/