Palo Alto sees Q1 adjusted EPS 3c, consensus 3c Sees Q1 revenue $80M-$84M, consensus $80M. Guidance issued last night on the company's conference call.
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Palo Alto upgraded at Morgan Stanley As previously reported, Morgan Stanley upgraded Palo Alto to Overweight from Equal Weight. The analyst said Palo Alto is benefiting from security spending for Next Gen Firewalls and can sustain 35%+ revenue growth. Price target is $65.
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