Palo Alto Networks (PANW) PT Raised to $550 at Jefferies

Palo Alto Networks (PANW) PT Raised to $585 at Northland Capital Markets

September 14, 2021 7:50 AM EDT

Northland Capital Markets analyst Nehal Chokshi raised the price target on Palo Alto Networks (NYSE: PANW) to $585.00 (from $460.00) while maintaining an Outperform rating following the analyst day:

Updated TAM view implies plenty of room for 20+% growth, extending DCF from FY29 to... More

Palo Alto Networks (PANW) PT Raised to $555 at BTIG

September 14, 2021 7:29 AM EDT

BTIG analyst Gray Powerll raised the price target on Palo Alto Networks (NYSE: PANW) to $555.00 (from $509.00) while maintaining a Buy rating.

... More

Palo Alto Networks (PANW) PT Raised to $475 at Loop Capital

September 14, 2021 6:53 AM EDT

Loop Capital analyst Yun Kim raised the price target on Palo Alto Networks (NYSE: PANW) to $475.00 (from $410.00) while maintaining a Hold rating.... More

Palo Alto Networks (PANW) PT Raised to $560 at Stifel Post Analyst Day

September 14, 2021 6:44 AM EDT

Stifel analyst Adam Borg raised the price target on Palo Alto Networks (NYSE: PANW) to $560.00 (from $490.00) while maintaining a Buy rating after the company's Analyst Day on Monday.

Borg commented, "On Monday (9/13), Palo held an upbeat virtual Analyst Day, where it highlighted its growing... More

Palo Alto Networks (PANW) PT Raised to $560 at Mizuho Securities

September 14, 2021 6:32 AM EDT

Mizuho Securities analyst Gregg Moskowitz raised the price target on Palo Alto Networks (NYSE: PANW) to $560.00 (from $525.00) while maintaining a Buy rating.... More

Palo Alto Networks (PANW) PT Raised to $560 at RBC Capital

September 14, 2021 6:11 AM EDT

RBC Capital analyst Matthew Hedberg raised the price target on Palo Alto Networks (NYSE: PANW) to $560.00 (from $525.00) while maintaining a Outperform rating.... More

UPDATE: Palo Alto Networks (PANW) PT Raised to $530 at BofA Securities

September 14, 2021 5:45 AM EDT

(Updated - September 14, 2021 8:19 AM EDT)

BofA Securities analyst Tal Liani raised the price target on Palo Alto Networks (NYSE: PANW) to $530.00 (from $445.00) after attending attended Palo Alto Networks virtual Analyst Day where Management provided strong growth targets, and highlighted key focus... More

'Becoming a Cybersecurity Platform': Firms Raise Estimates and Price Target on Palo Alto Networks (PANW) Following Impressive Analyst Day

September 14, 2021 5:31 AM EDT

Shares of Palo Alto Networks (NYSE: PANW) closed 1.3% higher yesterday after the company delivered a comprehensive overview of its broad product portfolio during the Analyst Day event.

PANW said that the TAM is expanding to $110 billion by 2024 (CAGR of 14%), while revenue and billings are expected to reach $8 billion and $10 billings by FY24 showing a 23%/22% CAGR, respectively.

The company expects its operational margins to expand by 50-100bps annually by FY24 while FCF should improve by 100-150bps during this time frame.

Cowen analyst Shaul Eyal raised the price target to $550.00 per... More

Palo Alto Networks (PANW) PT Raised to $530 at Oppenheimer

September 14, 2021 5:14 AM EDT

Oppenheimer analyst Shaul Eyal raised the price target on Palo Alto Networks (NYSE: PANW) to $530.00 (from $475.00) while maintaining a Outperform rating.... More

Palo Alto Networks (PANW) PT Raised to $615 at Barclays

September 14, 2021 4:36 AM EDT

Barclays analyst Saket Kalia raised the price target on Palo Alto Networks (NYSE: PANW) to $615.00 (from $535.00) while maintaining a Overweight rating.... More

Palo Alto Networks (PANW) PT Raised to $600 at Morgan Stanley

September 14, 2021 2:33 AM EDT

Morgan Stanley analyst Keith Weiss raised the price target on Palo Alto Networks (NYSE: PANW) to $600.00 (from $550.00) while maintaining a Overweight rating.... More

Palo Alto Networks (PANW) to reiterate its guidance at Analyst Day event

September 13, 2021 8:33 AM EDT

Palo Alto Networks (NYSE: PANW), the global cybersecurity leader, will host its 2021 Analyst Day event today, Monday, September 13, 2021. This webcasted virtual event will run from 9:30 a.m. Pacific time (12:30 p.m. Eastern time) to approximately 12:30 p.m. Pacific time (3:30 p.m. Eastern... More