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Fly News Breaks for January 23, 2018
PANW
Jan 23, 2018 | 05:29 EDT
Deutsche Bank analyst Karl Keirstead upgraded Palo Alto Networks to Buy and raised his price target for the shares to $180 from $160. The analyst says his channel checks point to a "relatively strong" January quarter, with a few checks "pointing to surprisingly good" November/December results. At current valuation levels, the set-up is much better for Palo Alto shares to outperform, Keirstead tells investors in a research note.
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