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Fly News Breaks for May 25, 2017
PANW
May 25, 2017 | 08:08 EDT
Cowen analyst Gregg Moskowitz said Palo Alto Networks had disastrous Q2 results and poor guidance. The analyst lacks conviction in the company's ability to hit guidance given recent massive internal changes but said given its healthy free cash flow yield, he remains bullish on the company over the medium term. Moskowitz maintained his Outperform rating and $150 price target on Palo Alto Networks shares.
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