Palo Alto Networks Reports Fiscal Second Quarter 2019 Financial Results

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Palo Alto Networks (PANW) PT Raised to $290 at FBN Securities

February 27, 2019 12:18 PM EST

FBN Securities analyst Shebly Seyrafi raised the price target on Palo Alto Networks (NYSE: PANW) to $290.00 (from $260.00) while maintaining a Outperform rating.

The analyst commented, "We retain our Outperform rating on PANW and raise our PT from $260 to $290. The company reported a strong FQ2... More

Palo Alto Networks (PANW) PT Raised to $296 at Jefferies

February 27, 2019 8:54 AM EST

Jefferies analyst John DiFucci raised the price target on Palo Alto Networks (NYSE: PANW) to $296.00 (from $249.00) while maintaining a Buy rating.

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Palo Alto Networks (PANW) PT Raised to $190 at Credit Suisse

February 27, 2019 7:48 AM EST

Credit Suisse analyst Brad Zelnick raised the price target on Palo Alto Networks (NYSE: PANW) to $190.00 (from $160.00) while maintaining a Underperform rating.

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Palo Alto Networks (PANW) PT Raised to $270 at Raymond James

February 27, 2019 7:39 AM EST

Raymond James analyst Michael Turits raised the price target on Palo Alto Networks (NYSE: PANW) to $270.00 (from $235.00) while maintaining a Outperform rating following strong Q2.

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Palo Alto Networks (PANW) PT Raised to $300 at RBC Capital

February 27, 2019 7:16 AM EST

RBC Capital analyst Matthew Hedberg raised the price target on Palo Alto Networks (NYSE: PANW) to $300.00 (from $260.00) while maintaining a Outperform rating following strong results.

Hedberg commented, "Palo Alto delivered a strong quarter as the model continues to demonstrate impressive results... More

Palo Alto Networks (PANW) Announces $1B Buyback Plan

February 26, 2019 4:20 PM EST

Palo Alto Networks (NYSE: PANW) disclsoed that on February 22, 2019, our board of directors authorized a $1.0 billion share repurchase. This authorization allows the company to repurchase its shares opportunistically and will be funded from available working capital. Repurchases may be made at management's... More

Palo Alto Networks (PANW) Tops Q2 EPS by 29c; Guides In-Line

February 26, 2019 4:18 PM EST

Palo Alto Networks (NYSE: PANW) reported Q2 EPS of $1.51, $0.29 better than the analyst estimate of $1.22. Revenue for the quarter came in at $711.2 million versus the consensus estimate of $682.1 million.

"We remain focused on delivering to our customers the best security in the... More