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Palo Alto Networks Just Added More Customers Than Ever Before


Palo Alto Networks Just Added More Customers Than Ever Before

Palo Alto Networks (NYSE: PANW) announced stronger-than-expected fiscal fourth-quarter 2017 results on Thursday after the market closed, demonstrating accelerated revenue growth and adding a record number of customers for its next-generation security platform. Palo Alto Networks also introduced strong financial guidance for the coming year.

Shares are up more than 5% in after-hours trading as of this writing. Let's take a closer look at what Palo Alto Networks accomplished over the past few months and what investors can expect going forward.

IMAGE SOURCE: GETTY IMAGES.

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Source: Fool.com

Palo Alto Networks Stock

€296.45
3.020%
A very strong showing by Palo Alto Networks today, with an increase of €8.70 (3.020%) compared to yesterday's price.
The stock is an absolute favorite of our community with 72 Buy predictions and no Sell predictions.
As a result the target price of 318 € shows a slightly positive potential of 7.27% compared to the current price of 296.45 € for Palo Alto Networks.
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