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Stock Market & Financial Investment News

News Breaks
April 9, 2014
08:19 EDTPANWPalo Alto shares should be bought after pullback, says Pacific Crest
Pacific Crest reports that Palo Alto is "the main share gainer" in the IT security space. the firm believes that the company's margins are increasing, while its free cash flow is rising rapidly.
News For PANW From The Last 14 Days
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July 6, 2015
11:24 EDTPANWCowen shakes up cybersecurity ratings, cuts Fortinet to sell
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10:01 EDTPANWOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: 58.com (WUBA) upgraded to Buy from Hold at Summit Research... Altria Group (MO) upgraded to Buy from Outperform at CLSA... Ares Commercial (ACRE) upgraded to Outperform from Market Perform at FBR Capital... BAE Systems (BAESY) upgraded to Overweight from Equal Weight at Morgan Stanley... BGC Partners (BGCP) upgraded to Strong Buy from Outperform at Raymond James... Cognizant (CTSH) upgraded to Buy on valuation at CLSA... Edwards Lifesciences (EW) upgraded to Overweight from Equal Weight at Morgan Stanley... Guess (GES) upgraded to Neutral from Underweight at Piper Jaffray... MarkWest Energy (MWE) upgraded to Overweight from Equal Weight at Barclays... Palo Alto (PANW) upgraded to Outperform following checks at Cowen... The Medicines Co. (MDCO) upgraded to Buy from Neutral at Mizuho... TripAdvisor (TRIP) upgraded to Equal Weight from Underweight at Barclays... Union Pacific (UNP) upgraded to Outperform at Cowen... United Continental (UAL) upgraded to Buy from Fair Value at CRT Capital... eHealth (EHTH) upgraded on Medicare outlook, risk/reward at RBC Capital.
06:33 EDTPANWPalo Alto upgraded to Outperform following checks at Cowen
As previously reported, Cowen upgraded Palo Alto to Outperform from Market Perform and raised its price target to $205 from $175. The firm's checks indicate continued strong momentum in high-end appliances and data center, and robust subscription growth. Cowen believes there is meaningful upside to estimates and its 2017 estimates suggest shares have materially room to run.
06:19 EDTPANWPalo Alto upgraded to Outperform from Market Perform at Cowen
July 1, 2015
14:49 EDTPANWTrump Hotels becomes latest victim of credit card data breach, Krebs says
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June 26, 2015
10:56 EDTPANWBarclays calls Fortinet, Palo Alto best bets in cybersecurity sector
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05:43 EDTPANWPalo Alto price target raised to $210 from $178 at Barclays
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05:41 EDTPANWFireEye downgraded to Equal Weight from Overweight at Barclays
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June 24, 2015
12:06 EDTPANWU.S. data hack larger than previously disclosed, WSJ reports
Office of Personnel Management Director Katherine Archuleta said in a statement today to the House Oversight Committee that her agency is investigating whether up to 18M unique Social Security numbers were stolen as part of the previously disclosed cyberattack, Wall Street Journal reports. The hack is being defined as two distinct breaches, and the larger than previously thought numbers are preliminary and not verified, the Journal adds. Publicly traded companies in the cybersecurity space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link
08:54 EDTPANWFortinet downgraded to Neutral from Buy at Citi
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