Evercore Partners Initiates Palo Alto Networks With Hold

Evercore Partners initiated coverage on

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.