Palo Alto litigation overhang creates buying opportunity, says Pacific Crest

theflyonthewall.com

Pacific Crest believes that Palo Alto continues to take market share and remains disruptive to network security. The firm reports that Palo Alto is trading 45%+ below companies with similar growth rates, and it does not think the company's litigation will have drastic consequences. Pacific Crest keeps a $65 price target on the shares.

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