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Fly News Breaks for March 3, 2015
PANW
Mar 3, 2015 | 07:42 EDT
Stifel increased its price target on Palo Alto after the company reported stronger than expected Q2 results. The firm notes that the company's billings exceeded expectations by $20M+, and it is now more confident that the company can rapidly grow its earnings and cash flows over the next several quarters. It keeps a Buy rating on the shares.
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