However, these factors alone aren't a reason to invest in Palo Alto Networks. After all, its shares hit a 52-week high of $207.24 in December. Although the price has dropped a bit since then ...

Palo Alto Networks (NASDAQ: PANW) stock is making gains in Tuesday's trading thanks to a pair of bullish reports from analyts. The cybersecurity company's share price was up 3.8% as of 2 p.m. ET.

Morgan Stanley and Scotiabank both published bullish coverage on Palo Alto Networks today, raising their price targets on the stock. Morgan Stanley raised its price target from $223 per share to $ ...