UPDATE: Loop Capital Upgrades Palo Alto Networks (PANW) to Buy

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Go back to UPDATE: Loop Capital Upgrades Palo Alto Networks (PANW) to Buy

Palo Alto Networks has a favorable setup against lower expectations - Morgan Stanley

November 14, 2022 11:49 AM EST

Palo Alto Networks (NASDAQ: PANW) price target was cut to $268 from $274 at Morgan Stanley on Monday, with analyst Hamza Fodderwala stating the company has a favorable earnings setup against lower expectations.

The analyst, who maintained an Overweight rating on the stock, explained that the firm's checks indicate solid demand and easing supply constraints on firewall... More