Palo Alto Networks Reports Fiscal Second Quarter 2020 Financial Results

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RBC Capital Downgrades Palo Alto Networks (PANW) to Sector Perform

February 25, 2020 6:08 AM EST

RBC Capital analyst Matthew Hedberg downgraded Palo Alto Networks (NYSE: PANW) from Outperform to Sector Perform with a price target of $235.00 (from $280.00).

The analyst comments "Following another mixed quarter/outlook, we are reducing our rating to SP and our target to $235. Changes... More

Palo Alto Networks (PANW) Tops Q2 EPS by 7c, Guidance Misses

February 24, 2020 4:22 PM EST

Palo Alto Networks (NYSE: PANW) reported Q2 EPS of $1.19, $0.07 better than the analyst estimate of $1.12. Revenue for the quarter came in at $816.7 million versus the consensus estimate of $843.26 million.

GUIDANCE:

Palo Alto Networks sees Q3 2020 EPS of $0.96-$0.98, versus the... More