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Here's Why Palo Alto Networks Stock Could Go Higher

TheMotleyFool

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Here's Why Palo Alto Networks Stock Could Go Higher

It was just over two months ago that Palo Alto Networks (NYSE: PANW) stock looked all set to break out of mediocrity and lift off on the back of its fast revenue growth, improving outlook, and a tremendous end-market opportunity. The cybersecurity specialist's shares jumped big time after it delivered a solid set of results on Aug. 23.

But if you missed out on Palo Alto's recent rally, don't be disappointed. The cybersecurity stock seems primed to fly higher from here.