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

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

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

Wall St. rises with Apple, biotechs, but Fed jitters remain

By Caroline Valetkevitch

(Reuters) - U.S. stocks ended higher on Thursday in another day of broad swings as investors showed nervousness ahead of next week's much-anticipated Federal Reserve meeting, but gains in Apple and biotech shares supported the day's advance.

Apple's shares (NASDAQ: AAPL) rose 2.2 percent to $112.57, rebounding from losses the day before when the iPhone and iPad maker unveiled new offerings.

Biotech also boosted the market, with Gilead (NASDAQ: GILD) up 3.3 percent at $107.25, giving the second-biggest boost to the S&P 500 and Nasdaq after Apple.... More

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

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

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

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 (PANW) PT Raised to $200 at Piper Jaffray

Piper Jaffray analyst Andrew J. Nowinski reiterated an Overweight rating and boosted his price target on Palo Alto Networks (NYSE: PANW) to $200.00 (from $185.00) following strong Q4 results.

Nowinski commented, "Palo Alto continues to deliver across all metrics, with FQ4(Jul) results exceeding the... More

After-Hours Stock Movers 09/09: (CNW) (SIGM) (PANW) Higher; (KKD) (LJPC) (SGEN) Lower (more...)

Con-way Inc. (NYSE: CNW) 32.7% HIGHER; XPO Logistics (NYSE: XPO) and Con-way Inc. (NYSE: CNW) announced that they have entered into a definitive agreement for XPO Logistics to acquire Con-way. The transaction will enhance XPO's range of supply chain solutions by making XPO the second largest less-than-truckload (LTL) provider in North America, and will expand the company's global contract logistics platform. XPO will also capitalize on synergies from the combination with Con-way's managed transportation, truckload and... More

Market Wrap: Apple Debuts New iPhones and More; China Eyes Additional Stimulus; Major Logistics M&A Deal Announced

Market wrap for September 9th

End of the Day: S&P 500 down 27.4 to 1,942.04; Dow Jones down 239.1 to 16,253.57; Nasdaq down 55.4 to 4,756.53

Market Brief: U.S. markets rose early Wednesday, but gains were lost as the afternoon progress. Early positivity came from expectations that China would implement a new round of stimulus measures soon. China's Ministry of Finance said it was looking to implement of "more forceful" fiscal policy.

Apple unveiled the next version of its smartphone line with the introduction of the... More

Palo Alto Networks (PANW) Peers Advance in Sympathy Trade (FTNT) (FEYE)

Fortinet (NASDAQ: FTNT) and FireEye (NASDAQ: FEYE) peers traded higher in sympathy with Palo Alto Networks (NYSE: PANW) after it reported strong Q4 results. Others like Check Point Software Technology (NASDAQ: CHKP) were also on watch.

Palo Alto Networks posts biggest revenue rise in 10 quarters

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

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

Buckingham Research Starts Palo Alto Networks (PANW) at Buy

Buckingham Research initiated coverage on Palo Alto Networks (NYSE: PANW) with a Buy rating and a price target of $190.00.

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

Trading Radar for 9/9: Palo Alto Networks (PANW), Barnes & Noble (BKS), HD Supply (HDS), Krispy Kreme (KKD), Phibro (PAHC) Report

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

Before Markets Open:
Economics:
7:00am EDT

Earnings:

Barnes & Noble (NYSE: BKS) - consensus EPS $0.12
Barnes & Noble Education, Inc. (NYSE: BNED) - consensus loss... More

Piper Jaffray Remains Bullish on Palo Alto Networks (PANW) Ahead of 4Q15 Earnings Results

Piper Jaffray reiterated an Overweight rating and $185.00 price target on Palo Alto Networks (NYSE: PANW) ahead of the company's 4Q15 earnings report. PANW is scheduled to report earnings on Wednesday, September 9th.

Analyst Andrew Nowinski commented, "Palo Alto Networks is scheduled to report... More