Palo Alto Networks Reports Fiscal First Quarter 2017 Financial Results
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UBS Cuts Price Target on Palo Alto Networks (PANW) to $160 Following 1Q
November 22, 2016 8:28 AM ESTUBS maintained a Buy rating on Palo Alto Networks (NYSE: PANW), and cut the price target to $160.00 (from $165.00), following the company's 1Q earnings report. PANW reported product revenue of $164M, below the Street's $167M estimate.
Analyst Brent Thill commented, "On the heels of a tough set-up... More
BTIG Trims PT on Palo Alto Networks (PANW) to $190 Following Q1 Results, Outlook; Affirms at 'Buy'
November 22, 2016 7:20 AM ESTBTIG lowers its price target on Buy-rated Palo Alto Networks (NYSE: PANW) from $210 to $190 following Q1 results and guidance issued Monday night.
The firm noted the following today:
Larger deals a blessing and a curse near term. Revenues and billings came in below expectations,... MoreNeedham & Company Remains Sidelined on Palo Alto Networks (PANW) Following Mixed Quarter
November 22, 2016 7:19 AM ESTNeedham & Company reiterated a Hold rating on Palo Alto Networks (NYSE: PANW) following the company's 1Q earnings report. PANWs $398.1m revenues and $517m billings were below the consensus estimates of $400m revenue and $525m billings. EPS of $0.55 was better than $0.52 consensus. Management guided 2Q to $426-432m and $0.61-0.63 EPS, which is below... More
Wells Fargo Trims Valuation Range on Palo Alto Networks (PANW) Following Q1 Results, Outlook
November 22, 2016 6:45 AM ESTWells Fargo lowers its valuation range on Outperform-rated Palo Alto Networks (NYSE: PANW) from $183 - $191 down to $172 - $180 following Q1 results issued Monday night.
The firm commented, PANW reported mixed FQ1'17 results with slightly lower than expected revenue and billings... More
Palo Alto Networks (PANW) Reports In-Line Q1 EPS; Guides Q2 Revenue Below Views
November 21, 2016 4:04 PM ESTPalo Alto Networks (NYSE: PANW) reported Q1 EPS of $0.53, in-line with the analyst estimate of $0.53. Revenue for the quarter came in at $398.1 million versus the consensus estimate of $400.2 million.
GUIDANCE:
Palo Alto Networks sees Q2 2017 EPS of $0.61-$0.63, versus the... More
