Evercore Partners initiated coverage on Palo Alto Networks Inc PANW with a Hold rating.
The target price for Palo Alto Networks is set to $174.
Palo Alto Networks shares have gained 149.26 percent over the past 52 weeks, while the S&P 500 index has surged 12.70 percent in the same period.
Palo Alto Networks' shares jumped 0.27 percent to $158.75 in after-hours trading.
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