Truist Financial analyst Joel Fishbein maintains $Palo Alto Networks (PANW.US)$ with a buy rating, and adjusts the target price from $212.5 to $213.
According to TipRanks data, the analyst has a success rate of 62.4% and a total average return of 17.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Palo Alto Networks (PANW.US)$'s main analysts recently are as follows:
2025 is anticipated to present challenges for cyber consolidators. The analyst highlighted a shift in customer preference towards 'best-of-breed' over 'best-of-suite' within the cybersecurity sector. Although this is not an indictment of the long-term quality of the business, it indicates that 2025 will pose a tougher operating environment for leading cyber platforms amidst high investor expectations that appear to assume ongoing consolidation benefits.
Upon evaluating Palo Alto Networks' position within its principal network security market and growth dynamics in its next-generation security platform business, it appears the perpetuation of a 15% or higher growth rate may not be sustainable. Furthermore, there's limited optimism for surpassing current Street projections for annual recurring revenue in the upcoming year. Concerns also linger that the pace of growth for Palo's Next-Generation Security segment could quicken its deceleration in fiscal 2026 and 2027, as benefits from traditional attached firewall subscriptions diminish.
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