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- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Super Micro Computer establishes $1.25 billion stock sale agreement
Palo Alto Networks (PANW) PT Raised to $165 at Cowen Following Strong 3Q
June 1, 2017 7:45 AM EDTCowen raised its price target on Palo Alto Networks (NYSE: PANW) to $165.00 (from $150.00) while maintaining a Outperform rating following the company's 3Q. Billings grew by 12% y/y, exceeding the Street's 8% estimate. Revenue of $432m (+25% y/y) easily exceeded the Street's $412m est. EPS of $0.61... More
Palo Alto Networks (PANW) PT Raised to $135 at Deutsche Bank Following 3Q
June 1, 2017 7:11 AM EDTDeutsche Bank raised its price target on Palo Alto Networks (NYSE: PANW) to $135.00 (from $125.00) while maintaining a Hold rating following the company's 3Q earnings report.
PANW reported 3Q hardware revenues of $164m, compared to guidance of -10% to $146m. The beat should lift the stock near-term.
... More