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Stifel Reiterates Buy on Palo Alto Networks (PANW) Following 4Q Report

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Imperial Capital Reiterates Outperform as Palo Alto Networks (PANW) Reports 4Q Results

August 31, 2016 2:15 PM EDT

Imperial 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

Palo Alto Networks (PANW): Hyper Growth Phase Is Over - UBS

August 31, 2016 9:45 AM EDT

UBS analyst, Brent Thill, reiterated his Buy rating on shares of Palo Alto Networks (NYSE: PANW) stating that the company is the best house in a "changing neighborhood".

The analyst believes the company is both in "the... More

Nomura Securities Cuts price Target on Palo Alto Networks (PANW) Following 4Q

August 31, 2016 9:44 AM EDT

Nomura 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

Pre-Open Stock Movers 08/31: (CHS) (ININ) (VEEV) Higher; (AVAV) (PANW) (HRB) Lower (more...)

August 31, 2016 9:30 AM EDT

Today's After-Hours Movers

AeroVironment (NASDAQ: AVAV) 12.8% LOWER; reported Q1 EPS of ($0.51), may not compare to the analyst estimate of ($0.17). Revenue for the quarter came in at $36.2 million versus the consensus estimate of $37.81 million.

Palo Alto Networks (NYSE: PANW) 6.3%... More

Oppenheimer Remains bullish on Palo Alto Networks (PANW) Following In-Line 4Q Results

August 31, 2016 8:37 AM EDT

Oppenheimer 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 EDT

BTIG 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 EDT

Needham & 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

Palo Alto Networks (PANW): Wells Fargo Looks On The Bright Side

August 31, 2016 8:02 AM EDT

Wells Fargo analyst Gray Powell, reiterated his Outperform rating on shares of Palo Alto Networks (NYSE: PANW) along with his valuation range of $183.00 to $191.00. His perspective is that the weakness in guidance is caused by a shift towards Subscription revenue rather than perpetual licensing which would offer a... More

Palo Alto Networks (PANW) PT Lifted to $170 at Piper Jaffray Following Solid Q4

August 31, 2016 6:57 AM EDT

Piper Jaffray analyst Andrew Nowinski reiterated an Overweight rating and bumped his price target on Palo Alto Networks (NYSE: PANW) to $170.00 (from $167.00) following FQ4 results solidly above Street expectations, benefiting from an improvement in the macro following the April quarter.

Nowinski commented, "Billings... More

Raymond James Downgrades Palo Alto Networks (PANW) to Outperform

August 31, 2016 6:41 AM EDT

Raymond James downgraded Palo Alto Networks (NYSE: PANW) from Strong Buy to Outperform with a price target of $165.00 (from $180.00).

For an analyst ratings summary and ratings history on Palo Alto Networks... More

Palo Alto Networks (PANW): Aggressive Pricing Limits Upside And Leads To Weaker Than Expected Guidance - Baird

August 31, 2016 6:29 AM EDT

Baird analyst, Jayson Noland, reiterated his Outperform rating of Palo Alto Networks (NYSE: PANW) after the company beat revenue by ~2% and met EPS. The analyst stated "Palo Alto reported a solid FQ4. Management cited an improved macro-economic environment. The FQ1 guide and F17 guidance... More

After-Hours Stock Movers 08/30: (VEEV) (GSAT) (NCS) Higher; (AVAV) (MDCO) (HRB) (PANW) Lower (more...)

August 30, 2016 5:44 PM EDT

Today's After-Hours Movers

AeroVironment (NASDAQ: AVAV) 13.3% LOWER; reported Q1 EPS of ($0.51), may not compare to the analyst estimate of ($0.17). Revenue for the quarter came in at $36.2 million versus the consensus estimate of $37.81 million.

The Medicines Company (Nasdaq: MDCO) 8% LOWER; provided an update on its clinical dyslipidemia research programs for MDCO-216 (which contains APoA-1 Milano) and PCSK9si (PCSK9 synthesis inhibitor). MDCO-216. A planned, interim analysis of the first 40 randomized patients completing treatment in the MILANO-PILOT... More

Palo Alto Networks (PANW) Reports In-Line Q4 EPS; Guides FY17 EPS Above Views; Approves $500M Stock Buyback

August 30, 2016 4:04 PM EDT

Palo Alto Networks (NYSE: PANW) reported Q4 EPS of $0.50, in-line with the analyst estimate of $0.50. Revenue for the quarter came in at $400.8 million versus the consensus estimate of $389.7 million.

Announces $500 million share repurchase authorization

GUIDANCE:

Palo Alto Networks sees Q1... More

Palo Alto Networks (PANW) September weekly option volume and volatility increases into Q2 and outlook

August 30, 2016 2:06 PM EDT

Palo Alto Networks (NYSE: PANW) September weekly 144 calls and 143 puts are active on total call volume of 15K contracts (13K puts) into the expected release of Q2 results on August 30. September weekly call option implied volatility is at 109, September is at 54, October is... More

Trading Radar for 8/30: Abercrombie & Fitch (ANF), Palo Alto Networks (PANW), Veeva Systems (VEEV) Report

August 29, 2016 2:58 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
9:00am EDT

Case-Shiller 20-city Index - Street sees 5.1%

Earnings:

Abercrombie & Fitch (NYSE: ANF) - consensus loss... More