Palo Alto Networks is trading at BRL 35.67, up 3.84%, with TD Cowen’s price-target increase a possible company-specific catalyst.

  • On October 2, TD Cowen raised its target to $440 from $400, maintained a Buy rating and cited AI tailwinds.
  • Broader U.S. stocks were higher amid easing Treasury yields and anticipation of the September jobs report.
  • Available reporting does not confirm the analyst action directly caused the Brazilian-listed instrument’s move.