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Fly News Breaks for March 3, 2015
PANW
Mar 3, 2015 | 07:28 EDT
After Palo Alto reported stronger than expected results, RBC Capital says that the company's guidance remains conservative, despite the increase in its guidance. The firm expects the stock to rise further, and it believes that the company remains dominant in its sector. RBC raised its price target on the name to $165 from $150 and keeps an Outperform rating on the shares.
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