Palo Alto Networks Inc. (NASDAQ: PANW) stock hit new all-time highs Thursday as Citizens JMP raised its price target to $415, citing strong demand for AI cybersecurity.

Palo Alto Networks stock climbed nearly 5% on Monday to an all-time high of $382.94 as analysts raise price targets ahead of Q4 earnings.

Analysts at BTIG said AI agents have fundamentally changed the threat landscape, lifting price targets on both cybersecurity companies