Here’s What Mizuho Securities Has to Say About ​Palo Alto Networks (PANW)

​Palo Alto Networks, Inc. (NASDAQ:PANW) is one of the Best Cybersecurity Stocks to Buy in 2026. On January 20, Gregg Moskowitz from Mizuho Securities reiterated a Buy rating on the stock with a $220 price target. Earlier, on January 4, Guggenheim upgraded Palo Alto Networks, Inc. (NASDAQ:PANW) from Sell to Neutral without disclosing any price targets.

​Analysts at Guggenheim noted that although the company underperformed the S&P 500 index by 1,753 basis points since January 2025, it still outperformed the BUG security ETF by 632 basis points. Moreover, the firm also likes the recent acquisitions by the company and views them as a strategic move. Management believes that Palo Alto Networks, Inc. (NASDAQ:PANW) will maintain its best-in-class free-cash flow margins throughout 2028.

​Guggenheim expects the company to maintain its market share as one of the largest pure-play companies in the cybersecurity domain. The firm expects the sector to benefit from several tailwinds driven by AI. Overall, analysts’ 12-month price targets reflect more than 26.7% upside from the current levels.

Palo Alto Networks Inc. (NASDAQ:PANW) provides security solutions to help secure enterprise users, networks, clouds, and endpoints, with platforms such as Prisma Access, Prisma Cloud, and Cortex.

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Disclosure: None. This article is originally published at Insider Monkey.