[FLASH] CrowdStrike and Palo Alto Networks close at records after Black Hat reframes AI agents as attack surface
CRWD rose about 6% and PANW about 5% on Monday to closing records, following the Black Hat conference in Las Vegas. BTIG lifted targets to $237 on CrowdStrike and $380 on Palo Alto, describing AI agents as the foremost attack vector and the security environment as meaningfully worse. Both report inside the next three weeks — PANW around 2026-08-24, CRWD around 2026-08-26 — which is where the conference repricing meets booked demand.