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Institutional investors boost stakes in Palo Alto Networks amid strong earnings and positive analyst ratings.
Institutional investors are increasing their stakes in Palo Alto Networks, with firms like Cornerstone Advisory and Glen Eagle Advisors recently purchasing shares.
The company reported strong earnings, beating expectations with a $0.80 EPS for the quarter.
Analysts at Scotiabank and Rosenblatt Securities have reaffirmed their positive ratings, citing the company's robust performance and promising future in cybersecurity solutions.
Palo Alto Networks' stock has a market cap of $120.01 billion and a 1-year price range of $142.01 to $208.39.
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Los inversores institucionales aumentan las participaciones en Palo Alto Networks en medio de fuertes ganancias y calificaciones positivas de los analistas.