Palo Alto Networks is a leading cybersecurity company that delivers advanced security solutions to protect organizations from cyber threats. The company specializes in a comprehensive range of products and services, including firewalls, cloud security, endpoint protection, and threat intelligence, all designed to safeguard networks and data against evolving digital dangers. With a focus on innovation, Palo Alto Networks aids businesses in navigating the complexities of cybersecurity, ensuring they can operate securely in an increasingly interconnected world. Their offerings include both hardware and software solutions, enabling organizations to enhance their security posture and respond more effectively to potential attacks.
Cloudflare stock up after Morgan Stanley analyst upgrades it from Equal-Weight to Overweight and raises price target to $130, citing strong growth potential in security and AI/ML markets.
What has Wall Street been buzzing about this week? Here are the top 5 buy calls and the top 5 sell calls made by Wall Street's best analysts during the trading week of Nov. 18-22, 2024.
Shares of internet security and content delivery network Cloudflare (NYSE:NET)
jumped 7.7% in the afternoon session after Oppenheimer analyst Timothy Horan maintained a Buy rating on the stock with a $110 price target. This is the latest in a string of positive sell-side notes after a strong quarter. For example, a note from Morgan Stanley last week called out an exciting 2025, saying that "a ramping salesforce, new leadership and growing contribution from Workers/Edge AI could drive upside to estimates".
Shares of internet security and content delivery network Cloudflare (NYSE:NET)
jumped 7.7% in the afternoon session after Oppenheimer analyst Timothy Horan maintained a Buy rating on the stock with a $110 price target. This is the latest in a string of positive sell-side notes after a strong quarter. For example, a note from Morgan Stanley last week called out an exciting 2025, saying that "a ramping salesforce, new leadership and growing contribution from Workers/Edge AI could drive upside to estimates".