[DEVELOPING] Cyber's AI-risk revaluation holds a fifth session as the desk validates Palo Alto and CrowdStrike buys
The rotation into security software that began on the Sept 14 frontier-safety scare (Amodei and OpenAI warnings) held through Friday, fed this week by OpenAI's Wednesday disclosure of six concerning model behaviors and a WSJ report that researchers used Anthropic models to breach an OpenAI employee's ChatGPT account. CrowdStrike (~$245, +109% YTD) and Palo Alto (~$372, +102% YTD) sit near record highs, and the desk validated both as buys today on a real, price-confirmed driver. The caution is that the move looks extended: Palo Alto's consensus target (~$363) now sits below its price and its forward P/E is ~82, so the open question is durability once the safety headlines fade.