Palo Alto Networks (NASDAQ:PANW) gains $8.7 billion as cyber growth bucks Nasdaq drop
Palo Alto Networks surged 3.7% to $304.20, adding $8.7 billion in equity value Friday—outpacing combined gains in CrowdStrike, Fortinet, and Zscaler—after announcing a Project Lightwell partnership with IBM, as analysts reiterated price targets above current levels and the Nasdaq fell 4.6% for the week.