Three separate analysts lifted their price targets on PANW following the cybersecurity giant's latest results. Piper Sandler's Anna... wait — Rob Owens raised his target to $345 from $265. JP Morgan's Brian Essex moved to $326 from $300. RBC Capital's Matthew Hedberg pushed to $330 from $255. All three maintain Buy ratings. The consensus target now sits near $326. PANW carries a market cap of $241 billion and short interest of just 3.3% of free float — bears are scarce.
Fertiliser name CF Industries grabbed attention too. JP Morgan's Jeffrey Zekauskas raised his target sharply to $115 from $94. That's a 22% lift. He kept a Hold rating, but the size of the move signals improving sentiment on nitrogen pricing.
On the downside, Ulta Beauty took a hit. Piper Sandler cut its target to $600 from $725. The consensus average slid to $635 from $676. Ulta's short interest stands at 5.3% of free float.
Conagra Brands was the day's only outright downgrade. Analysts moved the food group lower with consensus shifting to five sell-equivalent ratings. The stock's average target edged down to $15.18.
Dollar General also saw target cuts. The discount retailer's average target fell to $131.97 from $134.36.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
