Palo Alto Networks Reports Fiscal Third Quarter 2019 Financial Results

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Palo Alto Networks (PANW) PT Lowered to $185 at Credit Suisse

May 30, 2019 7:40 AM EDT

Credit Suisse analyst Brad Zelnick lowered the price target on Palo Alto Networks (NYSE: PANW) to $185.00 (from $190.00) while maintaining a Underperform rating following 3Q report. PANW reported weaker than expected Services revenue offset by stronger Product. Billings +13% y/y underwhelmed vs. Street... More

Palo Alto Networks (PANW) PT Lowered to $205 at Cowen

May 30, 2019 6:45 AM EDT

Cowen analyst Nick Yako lowered the price target on Palo Alto Networks (NYSE: PANW) to $205.00 (from $230.00) while maintaining a Market Perform rating.

results reaffirm view that the transition will take time and won't be linear... More

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

May 29, 2019 4:18 PM EDT

Palo Alto Networks (NYSE: PANW) reported Q3 EPS of $1.31, $0.06 better than the analyst estimate of $1.25. Revenue for the quarter came in at $726.6 million versus the consensus estimate of $704.05 million.

GUIDANCE:

Palo Alto Networks sees Q4 2019 EPS of $1.41-$1.42, may... More