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Palo Alto Networks (PANW) PT Raised to $140 at UBS Following 4Q

June 5, 2017 8:46 AM EDT

UBS raised its price target on Palo Alto Networks (NYSE: PANW) to $140.00 (from $130.00) while maintaining a Neutral rating following the company's 3Q release. PANW reported a +12% license upside, the highest beat magnitude since F4Q15.

4Q licensing revenues and total revenue guidance of... More