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Fly News Breaks for May 28, 2015
PANW
May 28, 2015 | 07:10 EDT
Stifel increased its price target on Palo Alto after the company reported stronger than expected Q3 results. The firm thinks that Palo Alto is executing well across multiple fronts and believes that the company is well-positioned ahead of the seasonally strong Q4 period. It says that the company's Q4 results can exceed its guidance, and keeps a Buy rating on the shares.
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