Palo Alto Networks (PANW) Gains After Beating Q3 Views, Analyst Sees 'Bargain Valuation'

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Palo Alto Networks (PANW) PT Raised to $440 at Northland Capital Markets

May 21, 2021 7:40 AM EDT

Northland Capital Markets analyst Robert Breza raised the price target on Palo Alto Networks (NYSE: PANW) to $440.00 (from $420.00) while maintaining a Outperform rating.... More

Palo Alto Networks (PANW) PT Raised to $420 at Jefferies

May 21, 2021 7:35 AM EDT

Jefferies analyst Brent Thill raised the price target on Palo Alto Networks (NYSE: PANW) to $420.00 (from $400.00) while maintaining a Buy rating.

... More

Palo Alto Networks (PANW) PT Raised to $410 at Raymond James

May 21, 2021 7:16 AM EDT

Raymond James analyst Michael Turits raised the price target on Palo Alto Networks (NYSE: PANW) to $410.00 (from $400.00) while maintaining a Outperform rating.... More

Palo Alto Networks (PANW) PT Raised to $350 at JPMorgan as Next Gen Revenue Hits Bogey

May 21, 2021 6:30 AM EDT

JPMorgan analyst Sterling Auty raised the price target on Palo Alto Networks (NYSE: PANW) to $350.00 (from $317.00) after the company reported 3Q21 revenue/non-GAAP EPS of $1,073.9M/$1.38 compared to the Street consensus of $1,060M/$1.29. Product
revenue came in at $288.9M and accounted for... More

Palo Alto Networks (PANW) Reports Accelerated Billings Growth, Quieting the Skeptics - RBC Capital

May 21, 2021 6:20 AM EDT

RBC Capital analyst Matthew Hedberg reiterated an Outperform rating and $445.00 price target on Palo Alto Networks (NYSE: PANW) after billings growth accelerated to 27% vs the 22% expectation and the ARR outlook was maintained at +77% y/y growth.

The analyst stated... More

Palo Alto Networks (PANW) PT Lowered to $425 at Summit Insights

May 21, 2021 3:39 AM EDT

Summit Insights analyst Srini Nandury lowered the price target on Palo Alto Networks (NYSE: PANW) to $425.00 (from $500.00) while maintaining a Buy rating.... More

After-Hours Stock Movers 05/20: (UONE) (RFIL) (DECK) Higher; (PLUS) (MAXN) (AMH) Lower (more...)

May 20, 2021 5:59 PM EDT

After-Hours Stock Movers

Urban One (NASDAQ: UONE) 14.6% HIGHER; adds to 59% intra-day gain on news the City of Richmond, Virginia announced that it has selected the Companys wholly owned unrestricted subsidiary RVA Entertainment Holdings, LLC, as the Citys preferred casino gaming operator to develop and operate a casino resort in Richmond.

RF Industries, Ltd, (NASDAQ: RFIL) 7.5% HIGHER; announced it has received a $7.6 million follow-on order from its new tier-1 wireless carrier customer at the Company's... More

Palo Alto Networks (PANW) Tops Q3 EPS by 10c, Revenues Beat; Offers FY21 EPS/Revenues Guidance Above Consensus, Affirms 4Q EPS/Revenue Outlook

May 20, 2021 4:09 PM EDT

Palo Alto Networks (NYSE: PANW) reported Q3 EPS of $1.38, $0.10 better than the analyst estimate of $1.28. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.06 billion.

"The work-from-home shift earlier in the year and recent cybersecurity issues have increased the focus on security. Coupled with good execution, this has driven great strength across our business, with Q3 billings growth accelerating to 27% year over year. In... More