[DEVELOPING] Palo Alto Networks closes the quarter at a record $397.31 after a $404.69 intraday high; BTIG lifts PT to $425
Palo Alto Networks finished September at a record close of $397.31 (+2.29%) after printing an all-time intraday high of $404.69 (Investing.com; 24/7 Wall St). The move follows BTIG's price-target increase to $425 on Sep 29, the White House AI-security accord the same day, and a Fortune profile in which CEO Nikesh Arora describes testing an unreleased frontier model against the company's own infrastructure to make the case that AI-driven vulnerability discovery will drive security budgets. CrowdStrike also closed higher for a third session; the next dated checkpoint is Palo Alto's Nov 12 earnings.