Palo Alto Networks Gets Upgrade Ahead Of Earnings

By | May 27, 2014

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Nomura Securities upgraded Palo Alto Networks to a buy rating ahead of its quarterly earnings, due after the market close Wednesday. Nomura analyst Frederick Grieb on Tuesday upgraded Palo Alto Networks (PANW) stock from neutral, and hiked his price target to 80 from 68. Palo Alto Networks stock was up 3%, near 69, in midday trading in the stock market today. “We continue to view Palo Alto as one of the best-positioned vendors in the Scalper1 News

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