Juniper may hold advantage over Palo Alto in court case, says Cowen

theflyonthewall.com

Cowen says its initial analysis of a court case regarding intellectual property between Juniper Networks and Palo Alto Networks seems to favor Juniper. The firm cited Markman filings which seem to give Juniper a solid legal position according to Cowen's independent counsel. The firm lowered its price target on Palo Alto to $43 from $53 based on expectations of losing its court case. Shares remain Outperform rated.

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