Guggenheim Securities Initiates Palo Alto Networks At Buy

Analysts at Guggenheim Securities initiated coverage on

with a Buy rating. The target price for Palo Alto Networks is set to $200. Palo Alto Networks shares have gained 129.60 percent over the past 52 weeks, while the S&P 500 index has surged 9.74 percent in the same period. Palo Alto Networks' shares climbed 0.62 percent to $171.39 in after-hours trading.