Palo Alto Networks (PANW) Reports In-Line Q1 EPS; Guides Q2 Revenue Below Views
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Go back to Palo Alto Networks (PANW) Reports In-Line Q1 EPS; Guides Q2 Revenue Below Views
November 22, 2016 8:28 AM EST
UBS 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
November 22, 2016 7:20 AM EST
BTIG 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,...
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November 22, 2016 7:19 AM EST
Needham & 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
November 22, 2016 6:45 AM EST
Wells 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
November 21, 2016 11:17 AM EST
Palo Alto Networks (NYSE: PANW) November weekly call option implied volatility is at 84, December is at 46; compared to its 52-week range of 48 to 102 into Q1.
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