Palo Alto Networks Inc. (NASDAQ:PANW) shares rose about 3% Thursday after strong fiscal second-quarter results from CrowdStrike Holdings Inc. (NASDAQ:CRWD) boosted cybersecurity stocks and bullish analyst sentiment supported the shares ahead of Palo Alto Networks’ Sept. 1 earnings report. CrowdStrike reported $1.47 billion in revenue, above the $1.44 billion estimate, while adjusted earnings of 31 cents per share exceeded the 29-cent forecast. Palo Alto Networks traded at $356.75, about 4.5% above its 50-day simple moving average of $341.36 and 56% above its 200-day SMA of $228.74, although weakening momentum indicators suggest fresh buying pressure may be needed. Wall Street expects Palo Alto Networks to report earnings of 88 cents per share, down from 95 cents a year earlier, and revenue of $3.35 billion, up from $2.54 billion. The stock has a Buy consensus rating and an average price forecast of $380.83. Palo Alto Networks also has significant weightings in three cybersecurity ETFs, potentially exposing it to fund-flow effects.