Palo Alto Networks (PANW): Wells Fargo Looks On The Bright Side
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Imperial Capital Reiterates Outperform as Palo Alto Networks (PANW) Reports 4Q Results
August 31, 2016 2:15 PM EDTImperial Capital reiterated an Outperform rating and $190.00 price target on Palo Alto Networks (NYSE: PANW) following the company's 4Q earnings report. PANW reported revenue of $401mn and adjusted EPS of $0.50, compared with the Street revenue estimates of 389mn and adjusted EPS estimates of 0.49.... More
Stifel Reiterates Buy on Palo Alto Networks (PANW) Following 4Q Report
August 31, 2016 10:38 AM EDTStifel reiterated a Buy rating and $210.00 price target on Palo Alto Networks (NYSE: PANW) following the company's 4Q earnings report. Total revenue increased 41.2% y/y to $400.8mn, exceeding the Street's estimate of ~$390.0mn. Non-GAAP EPS of $0.50 was in-line with estimates. Palo Alto expects 1Q17 total revenue of $396.0-402.0mn and non-GAAP EPS of $0.51-0.53 versus previous Street expectations of $401.8mn and... More
Nomura Securities Cuts price Target on Palo Alto Networks (PANW) Following 4Q
August 31, 2016 9:44 AM EDTNomura Securities maintained a Buy rating on Palo Alto Networks (NYSE: PANW), and cut the price target to $180.00 (from $200.00), following the company's 4Q earnings report. PANW reported product revenue of $191.1mn beating consensus at $187.4mn. Services revenue came in at $209.7mn, ahead of... More
Oppenheimer Remains bullish on Palo Alto Networks (PANW) Following In-Line 4Q Results
August 31, 2016 8:37 AM EDTOppenheimer reiterated an Outperform rating and $177.00 price target on Palo Alto Networks (NYSE: PANW) following the company's 4Q earnings report. PANW reported revenue of $400.8M, ahead of the Street's $389.8M forecast. EPS matched consensus at $0.50.
Analyst Shaul Eyal commented, "PANW reported essentially... More
BTIG Sees Palo Alto's (PANW) Outlook as Conservative; Affirms at 'Buy'
August 31, 2016 8:28 AM EDTBTIG affirms Palo Alto Networks (NYSE: PANW) with a Buy rating and $210 price target followig Q4 results and outlook issued Tuesday night.
Analyst Joel Fishbien commented today, 4Q results were largely consistent with our preview, but investors may harp over the in-line guidance;... More
Needham & Company Reiterates Hold on Palo Alto Networks (PANW) following 4Q Beat and Guide
August 31, 2016 8:21 AM EDTNeedham & Company reiterated a Hold rating on Palo Alto Networks (NYSE: PANW) following the company's 4Q earnings report. PANW revenue and billings of $400.8m and $572.4m were above consensus $389.9m and $559.5m respectively. Management released 1Q guidance of $396-402m is below consensus of $402m at the midpoint, while EPS of... More