PANW: A Legitimately Good Beat & Raise Print. Increase PT to $333. Reiterate Buy

研报英文原文证据摘录

PANW: A Legitimately Good Beat & Raise Print. Increase PT to $333. Reiterate Buy

from information a private company may subsequently make public or otherwise share with

investors. BTIG assumes no responsibility for any such discrepancies. The reader should not assume that any discussion of private

companies discussed in these materials is to be regarded as an express or implied acknowledgement or accedence to any research

expectation of any private company if it goes public.

For a complete list of BTIG Disclosures including public company-specific disclosures and explanation of BTIG LLC’s research

Ratings Definitions for public companies, please visit https://research.btig.com/disclosures.SOFTWARE

Investors in securities products bear certain risks in conjunction with those investments. The value of, and income from, any

investments may vary because of changes in interest rates or foreign exchange rates, securities prices or market indexes,

operational or financial conditions of companies or other factors within or beyond the companies’ control. Recipient of the

research reports should be aware that investments in securities may pose significant risks due to the inherent uncertaintyEQUITY associated with relying on forecasts of various factors that can affect the earnings, cash flow and overall valuation of a company.

Any investment in securities should be undertaken only upon consideration of issues relating to the recipient’s overall investment

portfolio and objectives (such as diversification by asset class, industry or company) as well as time horizon and liquidity needs.

Further, past performance should not be taken as an indication or guarantee of future performance, and no representation or

warranty, express or implied, is made regarding future performance.