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Palo Alto Networks gains as JP Morgan resumes coverage with 'overweight' rating

ReutersDec 17, 2025 11:11 AM

Cybersecurity firm Palo Alto Networks' PANW.O shares rise 1.8% to $190.37 premarket

JP Morgan resumes coverage with "overweight" rating; sets PT at $235, implying an upside of 26.5% to stock's last close

Brokerage says $3.35 bln Chronosphere acquisition and pending $25 bln CyberArk acquisition are strategic initiatives that "strengthen PANW's platformization story"

Average rating of 54 analysts is "buy," their median PT is $230 - data compiled by LSEG

Up to last close, stock has risen 2.8% this year

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