Janney Capital Initiates Palo Alto Networks With Buy

Analysts at Janney Capital initiated coverage on shares of Palo Alto Networks

with a Buy rating. The target price for Palo Alto Networks is set to $123. Palo Alto Networks shares have surged 109.19% over the past 52 weeks, while the S&P 500 index has gained 18.13% in the same period. Palo Alto Networks' shares surged 0.22% to $99.50 in pre-market trading.