Palo Alto Networks (PANW) PT Raised to $675 at Piper Sandler

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Go back to Palo Alto Networks (PANW) PT Raised to $675 at Piper Sandler

Palo Alto Networks (PANW) Stock Gains After Topping Estimates, Analysts Boost PTs

November 19, 2021 7:53 AM EST

Shares of Palo Alto Networks (NASDAQ: PANW) are up nearly 5% in pre-open Friday after the company reported better-than-expected earnings and outlook.

PANW reported FQ1 EPS of $1.64, which is better than the analyst estimate of $1.57. Revenue for the quarter came in at $1.2 billion, in line with the consensus estimate of $1.2 billion.

For this quarter, PANW is calling for Q2 EPS between $1.63 and $1.66, higher than the guidance of $1.64.... More

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

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

Palo Alto Networks (PANW) PT Raised to $620 at Cowen

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