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Fly News Breaks for November 26, 2019
PANW
Nov 26, 2019 | 07:33 EDT
Wedbush analyst Daniel Ives says Palo Alto Networks reported "mixed" October quarter results last night as the company beat the Street's sales and billings estimates while delivering "weak" product and cash flow numbers. The analyst, however, is "not overly alarmed" by the product miss and remains "firmly bullish" on the company and risk/reward for the next year. He keeps an Outperform rating on Palo Alto Networks with a $275 price target.
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