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Fly News Breaks for February 26, 2016
PANW
Feb 26, 2016 | 06:24 EDT
JPMorgan analyst Sterling Auty expects a "sizable" positive reaction in shares of Palo Alto Networks following the company's Q2 results. The company posted 62% billings growth amid a high level of concern going into the quarter, Auty tells investors in a research note. He believes Palo Alto's revenue and billings results should "put growth fears to rest." The analyst keeps an Overweight rating on the stock with a $216 price target.
News For PANW From the Last 2 Days
PANW
Apr 29, 2024 | 11:20 EDT
Morgan Stanley analyst Hamza Fodderwala tells investors that recent checks indicate "solid" large deal activity and "favorable" competitive positioning for Palo Alto Networks, making the firm "incrementally bullish" ahead of next week's AI event scheduled for May 7 at RSA conference, at which the company is likely to announce new products. The firm has an Overweight rating and $360 price target on Palo Alto shares.
