10 AI News Investors Shouldn’t Miss

4. Palo Alto Networks, Inc. (NASDAQ:PANW)

Number of Hedge Fund Holders: 64

Palo Alto Networks, Inc. (NASDAQ:PANW) is a leader in AI-powered cybersecurity. On December 19, Jefferies raised the firm’s price target on Palo Alto Networks to $240 from $225 and kept a “Buy” rating on the shares. According to the analyst, software stocks are going to witness a slow start because of changes in the administration. More importantly, material benefits from artificial intelligence are unlikely to materialize until late 2025. The firm still expects cybersecurity to demonstrate greater resilience in the first half of the year due to strong fundamentals. This is despite that it may lag behind a broader AI-driven rebound in the software market.