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Fly News Breaks for August 31, 2016
PANW
Aug 31, 2016 | 08:58 EDT
Pacific Crest analyst Rob Owens says that Palo Alto's guidance will probably weigh on its shares in the near-term. However, he thinks that the company is continuing to take share in gateway security, while it's positioned to be the "comprehensive security platform." He says that the company's cash flow and growth are healthy. Owens keeps a $190 price target and Overweight rating on the shares.
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