Palo Alto Networks (PANW) Reports In-Line Q1 EPS; Guides Q2 Revenue Below Views

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UBS Cuts Price Target on Palo Alto Networks (PANW) to $160 Following 1Q

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

BTIG Trims PT on Palo Alto Networks (PANW) to $190 Following Q1 Results, Outlook; Affirms at 'Buy'

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,... More

Needham & Company Remains Sidelined on Palo Alto Networks (PANW) Following Mixed Quarter

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

Wells Fargo Trims Valuation Range on Palo Alto Networks (PANW) Following Q1 Results, Outlook

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

Palo Alto Networks (PANW) November weekly volatility flat into Q1

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.

... More