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Fly News Breaks for January 18, 2018
PANW
Jan 18, 2018 | 07:51 EDT
As previously reported, Evercore ISI analyst Ken Talanian upgraded Palo Alto Networks to Outperform from In Line, stating that product growth expectations have now been reset to more realistic levels of 6%-9% year-over-year in FY18. He also notes that following its pullback Palo Alto trades below more mature, and slower growing, infrastructure software stocks. He raised his price target on Palo Alto shares to $180 from $150.
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