‘Mega Breaches’ Drive Growth At Palo Alto Networks
Palo Alto Networks (PANW)topped two investment banks’ 2016 stock winners lists, and one analyst suggests the cybersecurity firm’s rising tide could buoy other security software makers, including Check Point Software Technologies (CHKP), Fortinet (FTNT), Imperva (IMPV) and Proofpoint (PFPT). But the analyst says 2016 might also leave FireEye (FEYE) to drown. FBR analyst Daniel Ives upped his price target on Palo Alto Networks stock to 235 from 210