RBC Capital Lifts Palo Alto Networks PT to $159 vs $145, Reiterates Outperform Rating

RBC Capital Lifts Palo Alto Networks PT to $159 vs $145, Reiterates Outperform Rating

RBC Capital said Friday it is raising Palo Alto Networks’ (PANW) price target to $159 from $145 while reiterating an outperform rating. “Palo Alto closed out a year of two halves on a high note, outperforming all metrics, with particular strength in license, total revenue, and billings, while issuing FY/18 guidance that should leave investors feeling better about the investment thesis,” RBC said in a note. The broker said it […]

Read More ˃
Insys Therapeutics Says Statements Made in Connection With Arizona AG Investigation of Firm Lack Accuracy

Insys Therapeutics Says Statements Made in Connection With Arizona AG Investigation of Firm Lack Accuracy

Insys Therapeutics (INSY) said Friday that recent statements relating to the Arizona Attorney General’s investigation of the company lack context and factual accuracy. The company said the allegations contained in the AG’s complaint relate to former employees and physicians that are no longer associated with the company and that it will cooperate with the investigation. “By many estimates, the national opioid crisis began more than a decade and a half […]

Read More ˃