Top 11 Trending AI News And Wall Street Ratings

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

Number of Hedge Fund Holders: 64

Palo Alto Networks Inc. (NASDAQ:PANW) is a cybersecurity firm that provides network security products, including firewalls and cloud-based services. The company’s proprietary “Precision AI” system uses ML and AI to enhance cyber threat detection and remediation capabilities in real-time across network, cloud, and endpoint environments.

On February 14th, JMP Securities increased Palo Alto Networks Inc.’s (NASDAQ:PANW) price target to $212 from $208 and maintained an “Outperform” stock rating. Analysts said the company’s Q2 results met or exceeded expectations across all metrics. The management cited factors supporting the improvement of operating margins and cash flows beyond the FY25 guidance, including internal AI-based efficiencies, which could lower contract labor to support IT processes by 50% by the end of FY25.