Palo Alto Networks (PANW) Tops Q3 EPS by 6c, Q4 Guidance Beats

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Palo Alto Networks (PANW) PT Raised to $148 at Rosenblatt on 3Q Beat; 'Starts on the Road to Recovery'

June 1, 2017 9:37 AM EDT

Rosenblatt raised its price target on Palo Alto Networks (NYSE: PANW) to $148.00 (from $142.00) while maintaining a Buy rating, following the company's third quarter earnings report.

Analyst Marshall Senk notes the company delivered third quarter earnings per share and revenues above consensus projections, overcoming... More

Palo Alto Networks (PANW) PT Raised to $150 at BMO Capital on 3Q EPS/Revenue Beat; 'Better Than Feared'

June 1, 2017 9:12 AM EDT

BMO Capital raised its price target on Palo Alto Networks (NYSE: PANW) to $150.00 (from $126.00) while maintaining a Market Perform rating, following the company's third quarter earnings report.

Analyst Keith Bachman notes the company delivered third quarter earnings per share and revenues above consensus... More

Palo Alto Networks (PANW) PT Raised to $165 at Cowen Following Strong 3Q

June 1, 2017 7:45 AM EDT

Cowen 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 $180 at Stifel; 'FQ3 Beat & Better Than Expected Outlook for Q4'

June 1, 2017 7:26 AM EDT

Stifel raised its price target on Palo Alto Networks (NYSE: PANW) to $180.00 (from $170.00) while maintaining a Buy rating, following the company's third quarter earnings report.

Analyst Gur Talpaz notes the company delivered third quarter earnings per share and revenues above the consensus projections,... More

Palo Alto Networks (PANW) PT Raised to $135 at Deutsche Bank Following 3Q

June 1, 2017 7:11 AM EDT

Deutsche 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.

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Palo Alto Networks (PANW) PT Raised to $155 at Jefferies

June 1, 2017 7:03 AM EDT

Jefferies raised its price target on Palo Alto Networks (NYSE: PANW) to $155.00 (from $150.00) while maintaining a Buy rating.

Analyst John DiFucci acknowledges PANW business metrics improved modestly. He believes Q4 guidance is "prudent" and sees a likelihood the guidance from the company will prove... More

Palo Alto Networks (PANW) PT Raised to $147 at Citi

June 1, 2017 6:28 AM EDT

Citi raised its price target on Palo Alto Networks (NYSE: PANW) to $147.00 (from $130.00) while maintaining a Neutral rating.

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Palo Alto Networks (PANW) PT Raised to $158 at Barclays

June 1, 2017 5:54 AM EDT

Barclays raised its price target on Palo Alto Networks (NYSE: PANW) to $158.00 (from $145.00) while maintaining a Overweight rating.

Analyst Sakat Kalia believes billings and revenue growth could converge.

FY 2017 EPS estimate rises form $2.48 to $2.59 and FY 2018 EPS estimate rises from $2.84 to $3.08.

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