UPDATE: Jefferies Raises PT on Palo Alto Networks on Solid F2Q Results

In a report published Friday, Jefferies reiterated its Hold rating on Palo Alto Networks (NYSE: PANW ), and slightly raised its price target from $59.00 to $60.00. Jefferies noted, “PANW reported solid F2Q results as it displayed continued market share gains with a building base of subscription services. PANW is