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Palo Alto Networks price target raised to $421 from $390 at Morgan Stanley

By Yahoo! Finance   |   2 months ago
Palo Alto Networks price target raised to $421 from $390 at Morgan Stanley

Morgan Stanley raised Palo Alto Networks price target to $421, citing positive meeting with CEO Nikesh Arora. The firm is optimistic about larger deals, product cycles, and AI-driven efficiencies boosting margins. Exane BNP Paribas also initiated an Outperform rating on the security software group.

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