Rosenblatt lowered the firm’s price target on Palo Alto Networks (PANW) to $215 from $235 and keeps a Buy rating on the shares. The firm says its recent channel checks show a “steady” Q4 performance for Palo Alto, with momentum across software firewalls and continued uptake of Xsiam. The firm cites reduced fiscal 2026 estimates for the target cut but expects the company’s revenue growth in fiscal 2025 revenue growth to come above the Street’s 14% estimate.
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