Palo Alto Networks' (PANW) Price Target Raised to $210 at Pacific Crest

Go back to Palo Alto Networks' (PANW) Price Target Raised to $210 at Pacific Crest

Argus Upgrades Palo Alto Networks (PANW) to Buy

November 25, 2015 9:39 AM EST

Argus upgraded Palo Alto Networks (NYSE: PANW) from Hold to Buy with a price target of $227.00.

The firm said superior technology is at the core of Palo Altos value proposition, and they expect growth to be driven by market share gains, sales of... More

Imperial Capital Sees Continued Near-Term Expansion for Palo Alto Networks (PANW); Raises Price Target to $205

November 24, 2015 1:30 PM EST

Imperial Capital reiterated an Outperform rating on Palo Alto Networks (NYSE: PANW), and raised the price target to $205.00 (from $200.00), following the company's 1Q earnings report. PANW achieved strong growth at scale in 1Q16, driven by shares gains over legacy network security and point solution vendors. Billings growth of 61% yearover-year (yoy) suggests continued near-term... More

Palo Alto Networks (PANW) is Cheap - Cowen

November 24, 2015 8:07 AM EST

Cowen analyst, Gregg Moskowitz, is positive on Palo Alto Networks (NYSE: PANW) but few analysts have stepped forward to say the valuation looks cheap. However, after beating another quarter, considering the company's margin and FCF leverage, he believes the valuation actually looks inexpensive relative to growth.

F1Q revenue... More

Palo Alto Networks (PANW) Exceeds Expectations; Piper Jaffray Raises Price Target to $208

November 24, 2015 7:44 AM EST

Piper Jaffray reiterated an Overweight rating on Palo Alto Networks (NYSE: PANW), and raised the price target to $208.00 (from $200.00), following the company's 1Q earnings report. Palo Alto reported revenue of $297.2M, which exceeded the high-end of guidance by 4.6%. EPS of $0.35 beat consensus $0.32.

Analyst... More

Oppenheimer Ups Palo Alto Networks (PANW) PT to $196 After Beating Earnings...Again

November 24, 2015 7:14 AM EST

Bucking the trend of trading off after earnings as many data security companies have, Palo Alto Networks (NYSE: PANW) posted another consensus beating quarter. Revenue of $297.2M (up 55% YoY) beat the consensus estimate of $284.5M, and EPS of $0.35 beat consensus by $0.03. PANW is benefiting from strong adoption of new products and subscriptions (high and... More

Palo Alto Networks (PANW) Continues Hot Streak with 1Q Beat; Needham & Company Reiterates Buy

November 24, 2015 6:54 AM EST

Needham & Company reiterated a Buy rating and $202.00 price target on Palo Alto Networks (NYSE: PANW) following the company's 1Q earnings report. PANWs $292.2m revenue, $388m billings and $0.35 EPS were all above consensus $284m revs/$359m bill/$0.32 EPS. PANW guides out one quarter only,... More

Palo Alto Networks (PANW) Tops Q1 EPS by 3c, Offers Q2 Guidance

November 23, 2015 4:05 PM EST

Palo Alto Networks (NYSE: PANW) reported Q1 EPS of $0.35, $0.03 better than the analyst estimate of $0.32. Revenue for the quarter came in at $297.2 million versus the consensus estimate of $284.19 million.

Palo Alto Networks sees Q2 2015 EPS of $0.38-$0.39, versus the consensus of $0.38. Palo Alto... More