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

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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.

 

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