Morgan Stanley Sees Multiple Growth Drivers Converging For Palo Alto Networks Inc

Loading...
Loading...
In a report published Tuesday, Morgan Stanley analyst Keith Weiss reiterated an Overweight rating and $115.00 price target on
Palo Alto Networks IncPANW
. In the report, Morgan Stanley noted, “A strong security demand environment, multiple product cycles and the building refresh opportunity with PANW's own base should sustain 30%+ billings growth at least into FY15. With margins also trending up, we remain OW on what should be one of the most exciting FCF growth stories in software.” Palo Alto Networks Inc closed on Monday at $97.93.
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorReiterationAnalyst RatingsKeith WeissMorgan Stanley
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...