10 Must-Watch AI Stocks on Wall Street

7. Palo Alto Networks, Inc. (NASDAQ:PANW)

Number of Hedge Fund Holders: 77

Palo Alto Networks, Inc. (NASDAQ:PANW) is one of the 10 Must-Watch AI Stocks on Wall Street. On August 13, Deutsche Bank upgraded the stock to “Buy” from hold and raised its price target on the stock to $220 per share from $200.

The firm believes that investor concerns over the CyberArk acquisition are overblown and that PANW is set for robust quarterly results.

“We upgrade shares of Palo Alto Networks to a Buy rating and raise our DCF-derived TP to $220 given our thoughts on the health of the business, quality of its leadership, and forward prospects for the announced acquisition of CyberArk.”

Palo Alto Networks, Inc. (NASDAQ:PANW) is a leader in AI-powered cybersecurity.