Why Palo Alto Networks Stock Could Be in Trouble

Palo Alto Networks Inc (NYSE:PANW) fell one percent on Monday as an analyst note reiterated an “Outperform” rating but lowered the price target. This isn’t exactly terrible news for Palo Alto Networks stock, as the company still maintained a positive outlook going forward, but the note from FBN Securities' Shebly Seyrafi, which pegged the price target to $155.00 from $170.00, certainly will give some investors pause

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Submitted December 20, 2016 at 09:24AM by rogerdrago http://ift.tt/2ibmdsk