10 Stocks That Became Analyst Favorites This Week

5. Palo Alto Networks Inc. (NASDAQ:PANW)

Palo Alto Networks Inc. is a global cybersecurity solutions provider. The company’s target price was increased from $223 to $230 with the maintained Overweight rating. Morgan Stanley analysts believe the recent downturn in PANW’s stock price created an opportunity for investors to take a position in the stock:

We see an increasingly attractive entry point in PANW and believe the stock can double in 4-5 years based on larger platform deals and share gain across multiple security categories.

The company’s second-quarter FY2025 results will be declared on 20th February. Estimates show the firm is expected to generate $2.24 billion in revenue with adjusted EPS of $0.78. Going forward, it will likely improve its profit margins in 2025 and 2026 by 1.5% each year, driving about 22% growth in earnings. The projected target price for 2025 is around $208.