Palo Alto Networks Reports Fiscal First Quarter 2018 Financial Results
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November 21, 2017 1:04 PM EST
Imperial Capital analyst Michael Kim raised his price target on Palo Alto Networks (NYSE: PANW) to $175.00 (from $165.00) while maintaining a Outperform rating following better-than-expected results.
Kim sees continued strong operational progress, with upside to their F1Q18 estimates from improving sales productivity and broad-based geographic growth.
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November 21, 2017 8:08 AM EST
Dougherty & Co raised its price target on Palo Alto Networks (NYSE: PANW) to $180.00 (from $170.00) while maintaining a Buy rating.
Analyst Catharine Trebnick notes the company continues to be a share gainer and exceeds expectations.
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November 21, 2017 7:24 AM EST
Jefferies raised its price target on Palo Alto Networks (NYSE: PANW) to $183.00 (from $168.00) while maintaining a Buy rating following Q1 results and guidance that beat.
Analyst John DiFucci highlighted the momentum upswing and believes guidance is attainable, if not prudent. Further, he noted strength was... More
November 20, 2017 4:12 PM EST
(Updated - November 20, 2017 4:14 PM EST)
Palo Alto Networks (NYSE: PANW) reported Q1 EPS of $0.74, $0.05 better than the analyst estimate of $0.69. Revenue for the quarter came in at $505.5 million versus the consensus estimate of $489 million.
GUIDANCE:
Palo Alto Networks sees Q2 2018 EPS of $0.78-$0.80, versus the consensus of $0.77. Palo Alto Networks sees Q2 2018 revenue of $518-528 million vs consensus of $519.89 million.
Palo Alto Networks sees FY2018 EPS of... More
