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Palo Alto Networks (PANW) PT Raised to $125 at BofA/Merrill Lynch

November 25, 2014 11:32 AM

BofA/Merrill Lynch analyst Tal Lian raised her price target on Palo Alto Networks (NYSE: PANW) to $125.00 (from $110.00) following strong Q1 results. The firm is maintaining a Neutral rating on valuation considerations and expectations for some growth deceleration.

The firm raised FY 2015 EPS from $0.68 to $0.73.

For an analyst ratings summary and ratings history on Palo Alto Networks click here. For more ratings news on Palo Alto Networks click here.

Shares of Palo Alto Networks closed at $113.26 yesterday.

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