Robert W. Baird Keeps a Buy Rating on Palo Alto Networks (PANW)

By Carrie Williams

Robert W. Baird analyst Jonathan Ruykhaver maintained a Buy rating on Palo Alto Networks (PANWResearch Report) today and set a price target of $275.

According to TipRanks.com, Ruykhaver is a 5-star analyst with an average return of 23.6% and a 77.4% success rate. Ruykhaver covers the Technology sector, focusing on stocks such as Forescout Technologies Inc, Carbon Black Inc, and Varonis Systems.

Currently, the analyst consensus on Palo Alto Networks is a Strong Buy with an average price target of $262.68.

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Palo Alto Networks, Inc. engages in the provision of network security solutions to enterprises, service providers, and government entities. It operates through the following geographical segments: Americas; Europe, the Middle East, and Africa; and Asia Pacific and Japan.