Palo Alto Networks Price Targets Hiked After Earnings

By | May 29, 2014

Scalper1 News

At least seven investment banks raised their price targets on Palo Alto Networks after the cybersecurity provider late Wednesday posted fiscal Q3 earnings that beat Wall Street views and announced a settlement of a critical patent lawsuit. Palo Alto Networks (PANW) stock was up 8%, near 75.25, in midday trading in the stock market today, at a two-month high. After the close Wednesday, Palo Alto Networks reported Q3 earnings that showed a 49% Scalper1 News

Scalper1 News