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Palo Alto Networks (PANW) stock got a price target increase Thursday and shares hit yet another new high amid the network security firm’s accelerating growth and management’s confidence in its long-term potential. RBC Capital Markets analyst Matthew Hedberg, in a research report Thursday, increased his price target on Palo Alto Networks stock to 200 from 180 and maintained an overperform rating, noting that security spending remains robust and Scalper1 News
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