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Palo Alto Networks surges after Q3 beat, guidance, results seen as 'major positive' for the sector

May 20, 2022 7:57 AM ETPalo Alto Networks, Inc. (PANW) StockFTNT, OKTABy: Chris Ciaccia, SA News Editor

Palo Alto Network headquarters exterior under blue sky. Palo Alto Networks, Inc. is a network and enterprise security

Michael Vi/iStock Editorial via Getty Images

Palo Alto Networks (NASDAQ:PANW) shares surged on Friday after the cyber security company posted better-than-expected third-quarter results and issued strong guidance that some analysts said bode well for the entire sector.

Wedbush Securities analyst Dan

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