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 $115 from $100 at Oppenheimer Oppenheimer raised its price target for Palo Alto Networks shares to $115 after meeting with management and reiterates an Outperform rating on the stock. The firm thinks shares can continue to move higher as the company's fundamentals remain intact.