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Fly News Breaks for January 13, 2020
PANW
Jan 13, 2020 | 20:42 EDT
First Analysis analyst Howard Smith downgraded Palo Alto Networks to Outperform from Strong Buy with a price target of $290, down from $295. The analyst cautions that the company relies on dilutive M&A for product innovation and believes that its growth has diminished modestly, reducing the risk-reward profile of the stock.
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