Palo Alto Networks (PANW) Tops Q1 EPS by 7c, Offers Q2 and FY Guidance
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November 19, 2021 6:44 AM EST
Stifel analyst Adam Borg raised the price target on Palo Alto Networks (NASDAQ: PANW) to $600.00 (from $560.00) while maintaining a Buy rating.
The analyst commented, "Palo delivered a better-than-expected F1Q22 print, punctuated by 25%-Y/Y product growth and 37%-Y/Y RPO growth given a strong... More
November 19, 2021 6:23 AM EST
Cowen analyst Shaul Eyal raised the price target on Palo Alto Networks (NASDAQ: PANW) to $620.00 (from $550.00) while maintaining an Outperform rating following reuslts.
The analyst commented, "PANW's strong results and improved guidance should alleviate recent investors' concerns about potential supply chain constraints negatively impacting... More
November 18, 2021 5:10 PM EST
Palo Alto Networks (NASDAQ: PANW) shares traded fractionally higher after the cybersecurity firm reported its Q1 results, with EPS coming in at $1.64, beating the consensus estimate of $1.57. Quarterly revenue grew 32% year-over-year to $1.2 billion, in line with the consensus estimate.
According to... More
