Wall Street analysts tout our 2 cybersecurity stocks ahead of quarterly earnings

  • 📰 CNBC
  • ⏱ Reading Time:
  • 11 sec. here
  • 12 min. at publisher
  • 📊 Quality Score:
  • News: 43%
  • Publisher: 72%

Earnings News

Cybersecurity,Breaking News: Markets,Markets

Evercore ISI and Truist lifted Palo Alto Network's price target. Morgan Stanley forecasted more upside for CrowdStrike.

Wall Street analysts are showing two cybersecurity stocks some love ahead of their quarterly results. The news Evercore ISI this week raised its price target on Palo Alto Networks to $455 from $395, implying a nearly 18% upside from Monday's close. The analysts said that recent channel commentary not only "sounded notably more positive" ahead of the quarter, but also had a "strong emphasis on solid execution across the board.

Traders work on the floor of the New York Stock Exchange in New York, U.S., December 27, 2018.Wall Street analysts are showing two cybersecurity stocks some love ahead of their quarterly results.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here are Evercore ISI's top chip stock picks into earningsMore than 90 S&P 500 companies have reported results, with 76% of those exceeding estimates, FactSet data shows.
Source: CNBC - 🏆 12. / 72 Read more »

Evercore ISI names stocks that could win under either Trump or Harris winA rise in volatility similar to the run-up of the 2016 and 2020 presidential elections remains base case, the firm said.
Source: CNBC - 🏆 12. / 72 Read more »

Stock market today: Asian shares are mixed after Wall Street drifts ahead of US Election DayShares are mixed in Asia after U.S. stock indexes drifted lower at the start of a momentous week full of potential flashpoints in Washington, D.
Source: wjxt4 - 🏆 246. / 63 Read more »

Wall Street growing worried the stock market's Trump rally is getting ahead of itselfThe stock market’s postelection rally may have gone too far, too fast.
Source: CNBC - 🏆 12. / 72 Read more »