Palo Alto Networks’ Price Target Hiked On New Products

By | October 20, 2014

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Palo Alto Networks’ (PANW) sales acceleration is likely to continue at least through 2015, says Northland Capital Markets analyst Jeff Kvaal, who on Monday boosted his price target on the security software company’s stock to 115 from 110. The Santa Clara, Calif.-based firm is broadening its distribution in Europe, gaining momentum with its advanced threat protection product called WildFire, Kvaal said in a research report on Monday. He also likes Scalper1 News

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