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

Argus Upgrades Palo Alto Networks (PANW) to Buy

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

Imperva (IMPV) Gains Following Results from Cyber Security Peer

Cyber security name Imperva (NYSE: IMPV) is seeing notable upside Tuesday, which appears related to strong results from peer Palo Alto Networks (NYSE: PANW) after the close.

In a note earlier to clients following PANW... More

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

Pacific Crest maintained an Overweight rating on Palo Alto Networks (NYSE: PANW) and raised its price target to $210.00 (from $190.00). The change follows strong Q1 results.

Analyst Rob Owens said, "FQ1 was an impressive quarter by all measures, with meaningful beats for demand-related... More

Pre-Open Stock Movers 11/24: (SUNE) (TASR) (BDBD) Higher; (UNXL) (CHS) (KBIO) Lower (more...)

UniPixel (NASDAQ: UNXL) 42.9% LOWER; announced that it entered into subscription agreements with investors for the sale of 9,625,871 units at a public offering price of $0.85 per Unit in a public offering resulting in expected gross proceeds to the Company of $8.1 million.

Palo Alto Networks (PANW) is Cheap - Cowen

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

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

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

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

After-Hours Movers 11/23: (XRX) (DY) (VRX) Higher; (BRCD) (CERE) (YY) Lower (more...)

Xerox Corporation (NYSE: XRX) 7.1% HIGHER; Carl Icahn shows new 7.1% stake in 13D filing

Brocade Communications (NASDAQ: BRCD) 6.8% LOWER; reported Q4 EPS of $0.26, $0.02 better than the analyst estimate of $0.24. Revenue for the quarter came in at $494.7 million versus the... More

Market Wrap: Pfizer, Allergan Make it Offiical; Icahn Gets Active on Xerox; Existing Sales Slump in Oct.

Market wrap for November 23rd

End of the Day: S&P 500 down 2.6 to 2,086.59; Dow Jones down to 17,792.68; Nasdaq down 2.4 to 5,102.48

Market Brief: Markets ended lower to start off the holiday-shortened week with most investors now looking to a December rate hike from the Fed. Trading on the session was notably light.

Existing home sales slipped in October, missing consensus estimates in the process.

Pfizer and Allergan announced a massive merger agreement, bolstering a slew of other M&A... More

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

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

Trading Radar for 11/23: GameStop (GME), Brocade (BRCD), Trina Solar, Tyson Foods (TSN), Mallinckrodt (MNK) Report

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

Before Markets Open:
Earnings:

GameStop (NYSE: GME) - consensus EPS $0.59
Jacobs Engineering (NYSE: JEC) - no Street... More