PANW is trading near recent highs. See what is driving the move here.

The attackers exfiltrated business contact details, sales records and support case comments but did not compromise any products, services, or internal systems.

Also Read: Palo Alto’s AI Momentum Make It A Top Cybersecurity Pick, Analyst Says

Benzinga contacted Palo Alto Networks’ investor team for their take on the report and is awaiting a response.

Attackers used custom Python tools, Tor for obfuscation and log deletion techniques to evade detection.

Palo Alto Networks revoked tokens, rotated credentials and disabled the Drift integration, urging all affected companies to investigate logs, audit integrations, and rotate secrets immediately.

What Do Analysts Think of Palo Alto Networks Stock?

Palo Alto Networks’ stock gained almost 5% year-to-date. Wall Street analysts reaffirmed bullish views on the company after it beat fourth-quarter estimates and issued strong guidance.

Rosenblatt’s Catharine Trebnick, BMO’s Keith Bachman and Truist’s Junaid Siddiqui raised price targets, citing strength in next-gen security ARR, platform momentum and a clear path to $15 billion ARR. Scotiabank’s Patrick Colville called Palo Alto one of software’s best long-term cybersecurity stories.

PANW Price Action: Palo Alto Networks is trading down 0.28% at $189.98 at publication on Tuesday.

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