The largest cybersecurity company by market cap, Palo Alto Networks ( PANW ) recently released its strong quarterly results, showing continued momentum for its services and the industry at large. Noting this development is Shaul Eyal of Cowen, who noted that the firm beat Wall Street consensus estimates on its revenues, as well as its raised guidance. He attributed the growth to "solid execution into a strong demand environment with a complex threat environment as a backdrop." Eyal reiterated his Buy rating on PANW, and maintained his price target at $620 per share.