Why Palo Alto Networks Stock Popped 8% Today

Wall Street loves Palo Alto stock today. But should you?Cybersecurity specialist Palo Alto Networks' (PANW 8.65%) stock soared 8% through 11:25 a.m. ET Tuesday after the company beat analyst forecasts for sales and earnings last night.Heading into its report for the fiscal fourth quarter of 2024, ended July 31, analysts forecast Palo Alto would earn $1.41 per share in "adjusted" profit on sales of$2.16 billion. Instead, Palo Alto reported $1.51 per share, and sales were$2.19 billion. Palo Alto also guided ...