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Financial firms boost stakes in Palo Alto Networks as its shares climb post-positive earnings.
Several financial firms have increased their stakes in Palo Alto Networks, a cybersecurity solutions provider that saw its shares rise by 2.2% to $174.19 on Tuesday.
The company surpassed earnings expectations with $0.81 per share, exceeding forecasts of $0.75, and reported $2.26 billion in revenue.
With a market cap of $112.40 billion, Palo Alto Networks has a consensus rating of "Moderate Buy" and a target price of $203.91.
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Las firmas financieras aumentan las participaciones en Palo Alto Networks a medida que sus acciones suben después de ganancias positivas.