Wall Street analysts are riding high after Palo Alto Networks' earnings beat.
Goldman Sachs' Gabriela Borges reiterated a buy rating on Palo Alto Networks and raised her price target to $274 from $254.
PANW 1D mountain Palo Alto Networks added more than 15% on Monday.
Elsewhere, Morgan Stanley's Hamza Fodderwala restated an overweight rating as well as a top pick label in a Monday note.
The analyst raised his price target to $304 from $302, which implies 45% upside from Friday's close.
Persons:
Goldman Sachs, Gabriela Borges, Borges, Brad Zelnick, Zelnick, Morgan Stanley's Hamza Fodderwala, Fodderwala, Michael Bloom
Organizations:
Palo Alto Networks, Networks, Deutsche Bank