Palo Alto Networks Seen Benefiting From Breaches

By | September 22, 2014

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Citing its next-generation firewall and “multiple drivers of sustained growth,” equity research firm Janney Capital Markets initiated coverage of Palo Alto Networks (PANW) on Monday with a buy rating and a 12-month fair value of 123. “In our opinion, Palo Alto Networks has simply built a ‘better mouse trap’ in a large and growing market for network security,” Janney Capital analysts Bill Choi and Robert Simmons said in a research report. “The Scalper1 News

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