UPDATE: Stifel Starts Palo Alto Networks (PANW) at Buy

Palo Alto Networks (PANW) PT Raised to $440 at FBN Securities

FBN Securities analyst Shebly Seyrafi raised the price target on Palo Alto Networks (NYSE: PANW) to $440.00 (from $425.00) while maintaining a Outperform rating.

Increasing unusual call option volume: EDU VOD PANW BBIG HRB

Increasing unusual call option volume: EDU VOD PANW BBIG HRB

Increasing unusual option volume: EDU VOD PANW BBIG

Increasing unusual option volume: EDU VOD PANW BBIG

Pre-Open Stock Movers 05/21: (METX) (RFIL) (DECK) Higher; (VFC) (MAXN) (AMH) Lower (more...)

Pre-Open Stock Movers

Meten EdtechX Education Group Ltd. (Nasdaq: METX) 23.4% HIGHER; announced that the gross billing and student enrollment of its junior ELT business increased by 1,910.4% and 758.1% respectively in April 2021 compared to the same period of last year. The gross billing and student enrollment increased by 100.6% and 31.0% respectively compared to April 2019.

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

Shares of Palo Alto Networks (NASDAQ: PANW) are trading about 6% higher in early trading Friday after the company reported healthier-than-expected Q3 earnings and guidance.

The security hardware and software company posted adjusted earnings of $1.38 per share, compared to $1.28 per share expected by analysts, according to Refinitiv. Revenue came in at $1.07 billion, up from the expected $1.06 billion.

On an annualized basis, revenue climbed 24% in the second quarter which ended on April 30, and up 25% from the previous quarter. During the period, Palo Alto Networks bought a cloud security company Bridgecrew for $156 million.

"The... More

Palo Alto Networks (PANW) PT Lowered to $400 at UBS

UBS analyst Fatima Boolani lowered the price target on Palo Alto Networks (NYSE: PANW) to $400.00 (from $425.00) while maintaining a Neutral rating.... More

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

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

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.

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

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

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

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

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...)

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

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

Palo Alto Networks (PANW) May 340 straddle priced for a move of +/- 7% into quarter results

Palo Alto Networks (NYSE: PANW) May 340 straddle priced for a move of +/- 7% into the expected release of quarter results today after the bell

Palo Alto Networks (PANW) call put ratio 1.7 calls to 1 put into quarter results

Palo Alto Networks (NYSE: PANW) May call option implied volatility is at 105, June is at 40; compared to its 52-week range of 25 to 52 into the expected release of quarter results today after the bell. Call put ratio 1.7 calls to 1 put.