Palo Alto price target raised to $90 from $80 at RW Baird Baird raised its price target on Palo Alto following positive management commentary with regards to 2014 trends. The firm sees continued success in the Advanced Persistent Threat and PA7050 chassis as important milestones for the company. Shares are Outperform rated.
Palo Alto price target raised to $165 from $130 at Stephens Stephens said it came away from a call with the CMO of Palo Alto Networks believing that the company's newly released "Traps" endpoint product has the potential to provide the next leg of growth for the company. Citing expectations for Traps, the raised its price target on Palo Alto to $165 from $130 and reiterates its Overweight rating on the stock.