Palo Alto Cyvera buy gives its most incremental opportunity, says RW Baird Baird believes Palo Alto's acquisition of Cyvera will provide the company with its most incremental opportunity if the company can demonstrate strong execution of its vision. The acquisition adds the Endpoint market to its portfolio which will increase the company's addressable market and generate synergy with its core portfolio. Shares are Outperform rated with a $90 price target.
Palo Alto has multiple drivers converging, says Morgan Stanley Morgan Stanley said Palo Alto has multiple growth drivers in place that will drive free cash flow that include sustainable 30% billings growth, increasing sales efficiencies, and slowing capex and reduced litigation expenses. Shares are Overweight rated with a $115 price target.