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Palo Alto Networks faces muted extended trading after price target lift
The stock's reaction in extended trading was muted despite the updated bullish view from CNBC World, according to the outlet.
CNBC World said Palo Alto Networks saw a muted reaction in extended trading Tuesday, and that the move was not tied to the company's reported results.
The outlet attributed the broader attention around the shares to an intensifying wave of AI-driven demand for cyber products, which underpinned the revised price target.
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