UBS Cuts Price Target on Palo Alto Networks (PANW) to $160 Following 1Q
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Wall Street extends record streak, Dow breaks 19,000 for first time
November 22, 2016 7:36 AM ESTBy Caroline Valetkevitch
NEW YORK (Reuters) - U.S. stocks extended their post-U.S. election rally on Tuesday with moderate gains that pushed the Dow above 19,000 for the first time and the three major indexes to record closing levels for a second straight day.
The S&P 500 ended above 2,200, led by gains in telecommunications , up 2.1 percent, and consumer discretionaries , up 1.2 percent. The small-cap Russell 2000 index also set another record high close.
Stocks have mostly rallied since the Nov. 8 election. Investors see President-elect Donald Trump's promises of tax cuts, higher spending on infrastructure and less... 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): 13% Post Market Selloff Is A Buying Opportunity - Oppenheimer
November 22, 2016 6:40 AM ESTOppenheimer analyst, Shaul Eyal, reiterated his Outperform rating on shares of Palo Alto Networks (NYSE: PANW) after the company reported mixed F1Q17 results beating consensus' EPS & CFFO estimates but falling slightly short of the Street's revenue and billings estimates. The quarter was impacted by weaker-than-expected... More
Options expected to have Increasing volume
November 22, 2016 5:17 AM ESTOptions expected to have Increasing volume: PANW JACK SINA HP HPQ MDT DLTR HRL CPB SIG BURL CBRL DSW
... MoreAfter-Hours Stock Movers 11/21: (SBLK) (CTIC) (SINA) Higher; (PANW) (DY) (JACK) Lower (more...)
November 21, 2016 5:40 PM ESTToday's After-Hours Movers:
Palo Alto Networks (NYSE: PANW) 12.4% LOWER; 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 consensus of $0.63. Palo Alto Networks sees Q2 2017 revenue of $426-432 million, versus the consensus of $439.0 million.
Dycom Industries (NYSE: DY) 11.2% LOWER; reported Q1 EPS of... 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
Palo Alto Networks (PANW) November weekly volatility flat into Q1
November 21, 2016 11:17 AM ESTPalo 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.
... MoreUBS Reiterates Buy on Palo Alto Networks (PANW) Ahead of 1Q Release
November 21, 2016 10:21 AM ESTUBS reiterated a Buy rating and $165.00 price target on Palo Alto Networks (NYSE: PANW) ahead of the company's 1Q earnings report. PANW is scheduled to release results after market close on 11/21.
Analyst Brent Thill commented, "PANW is -8% YTD vs. NASDAQ's +6%... More
Trading Radar for 11/21: Tyson Foods (TSN), IGT (IGT), Canadian Solar (CSIQ), Palo Alto Networks (PANW) Report
November 18, 2016 1:56 PM ESTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Earnings:
Canadian Solar (Nasdaq: CSIQ) - consensus EPS $0.27
Cheetah Mobile (NYSE: CMCM) - consensus EPS... More
Palo Alto Networks (PANW) November weekly volatility increasing into Q1
November 18, 2016 7:45 AM ESTPalo Alto Networks (NYSE: PANW) November weekly call option implied volatility is at 69, December is at 46; compared to its 52-week range of 48 to 102 into Q1.
... More