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03/03/15 7:03 AM

#50208 RE: dDT #50177

Palo Alto price target raised to $165 from $150 at Piper Jaffray

Piper Jaffray raised its price target for Palo Alto Networks shares to $165 saying the company reported an impressive quarter. Piper notes Palo Alto remains its highest conviction in the space. It keeps an Overweight rating on the name.