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RBC Capital Downgrades Palo Alto Networks (PANW) to Sector Perform

February 25, 2020 6:08 AM EST

RBC Capital analyst Matthew Hedberg downgraded Palo Alto Networks (NYSE: PANW) from Outperform to Sector Perform with a price target of $235.00 (from $280.00).

The analyst comments "Following another mixed quarter/outlook, we are reducing our rating to SP and our target to $235. Changes... More