Palo Alto reiterated as a Strong Buy at Raymond James Raymond James said Palo Alto Q1 checks are mixed but secular drivers are strong. The firm expects the Q1 report to be in line to modestly above consensus and reiterates its Strong Buy rating given high growth and likely upward revisions to estimates.
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Palo Alto litigation overhang creates buying opportunity, says Pacific Crest Pacific Crest believes that Palo Alto continues to take market share and remains disruptive to network security. The firm reports that Palo Alto is trading 45%+ below companies with similar growth rates, and it does not think the company's litigation will have drastic consequences. Pacific Crest keeps a $65 price target on the shares.