Palo Alto Networks (PANW) PT Raised to $200 at Piper Jaffray

FBR Capital Raises Price Target on Palo Alto Networks (PANW) Following 3c EPS Beat

September 10, 2015 9:50 AM EDT

FBR Capital reiterates an Outperform rating on Palo Alto Networks (NYSE: PANW), and raised the price target to $200.00 (from $175.00), following the company's 4Q15 earnings results. Total revenue of $283.9 million beat the Street's estimate of $256.4 million. Pro forma EPS came in at $0.28, above the Streets $0.25 estimate. Billings came in at $393.6 million, versus Street estimates of $338.0 million.

Analyst Daniel Ives commented, "Last night, Palo Alto Networks... More

Nomura Securities Raises Price Target on Palo Alto Networks (PANW) Following 4Q15

September 10, 2015 9:12 AM EDT

Nomura Securities reiterates a Buy rating on Palo Alto Networks (NYSE: PANW), and raised the price target to $195.00 (from $185.00), following the company's 4Q15 earnings results.

Analyst Frederick Grieb commented, "Wednesday, after the close, Palo Alto announced F4Q15 results, with billings growth of 69%... More

Palo Alto Networks (PANW) PT Raised to $210 at Cowen

September 10, 2015 9:10 AM EDT

Cowen analyst Gregg Moskowitz reiterated an Outperform rating on Palo Alto Networks (NYSE: PANW) and boosted his price target to $210.00 (from $205.00).

Moskowitz commented, "We had previewed a healthy upside q, but PANW's F4Q exceeded all expectations. The highlight was... More

Needham & Company Raises Price Target on Palo Alto Networks (PANW) to $202 Following 4Q15 EPS Beat

September 10, 2015 7:26 AM EDT

Needham & Company reiterated a Buy rating on Palo Alto Networks (NYSE: PANW), and raised the price target to $202.00 (from $182.00), following the company's 4Q15 earnings results. Palo Altos $284m revs/$394 billings/$0.28 EPS is well above consensus $256m/$338m/$0.25 EPS. Management guided F1Q16 of $280-284m and $0.31-0.32 EPS... More

Palo Alto Networks (PANW) PT Trimmed to $202 at UBS Post Q4; Maintains Buy

September 10, 2015 7:20 AM EDT

UBS analyst Brent Thill reiterated a Buy rating on Palo Alto Networks (NYSE: PANW) but trimmed his price target to $202.00 (from $206.00) following Q4 results.

Thill commented, "In spite a tough set-up of lapping the year's hardest comps, and high expectations into the print, PANW delivered impressive (16%) upside to... More

Oppenheimer Raises Price Target on Palo Alto Networks (PANW) Following 3c EPS Beat

September 10, 2015 6:41 AM EDT

Oppenheimer reiterated an Outperform rating on Palo Alto Networks (NYSE: PANW), and raised the price target to $190.00 (from $180.00), following the company's 4Q15 earnings report. Revenue of $284M beat the consensus estimate of $256.4M. EPS of $0.28 beat consensus by $0.03. PANW guided F1Q16... More

Palo Alto Networks posts biggest revenue rise in 10 quarters

September 9, 2015 4:13 PM EDT

By Abhirup Roy

(Reuters) - Cyber security company Palo Alto Networks Inc (NYSE: PANW) reported its strongest revenue growth in 10 quarters and forecast better-than-expected growth in the current quarter as governments and companies spend more to protect themselves from cyber attacks.

Palo Alto's shares rose about 5 percent in extended trading on Wednesday.

The company and its rivals such as FireEye Inc (NASDAQ: FEYE) and Fortinet Inc (NASDAQ: FTNT) provide cloud-based advanced threat protection and malware... More

Palo Alto Networks (PANW) Tops Q4 EPS by 3c; Q1 Guidance Beats

September 9, 2015 4:05 PM EDT

Palo Alto Networks (NYSE: PANW) reported Q4 EPS of $0.28, $0.03 better than the analyst estimate of $0.25. Revenue for the quarter came in at $283.9 million versus the consensus estimate of $255.85 million.

Palo Alto Networks sees Q1 2015 EPS of $0.31-$0.32, versus the consensus of $0.31. Palo Alto Networks sees Q1 2015 revenue of $280-284 million, versus the consensus of $269.62 million.

"We are very pleased with our results for both the fourth quarter and fiscal... More