# Robert W. Baird Maintains Buy on Palo Alto Networks

> Source: <https://letsdatascience.com/news/robert-w-baird-maintains-buy-on-palo-alto-networks-044e97bc>
> Published: 2026-07-04 14:11:13+00:00

For security and ML practitioners, sell-side emphasis on AI-driven vulnerability discovery and platform integration shapes vendor evaluation and procurement tradeoffs. According to InsiderMonkey's report summarizing Robert W. Baird's note, analyst Shrenik Kothari on June 24 maintained a "Buy" rating on **Palo Alto Networks** with a **$320** price target. InsiderMonkey reports Kothari cited the company's partnership with **IBM** and **Red Hat's Project Lightwell** as validating Palo Alto Networks' virtual patching and platform integration capabilities. Reporting by The Globe and Mail and TipRanks notes Palo Alto Networks reported quarterly revenue of **$3 billion** and a GAAP net loss of **$177 million** for the quarter ending April 30. The Globe and Mail also records a June 5 Buy from **BMO Capital** and a June 3 Hold from **Roth MKM**, plus recent insider selling including a sale by director **John P. Key**, per the same coverage.