Palo Alto Networks Signs Definitive Agreement to Acquire Cider Security

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Palo Alto Networks (PANW) Ready to 'Re-Rate' Higher Following Strong Earnings - Morgan Stanley

November 18, 2022 8:33 AM EST

Morgan Stanley analyst Hamza Fodderwala reiterated an Overweight rating and $268.00 price target on Palo Alto Networks (NASDAQ: PANW) following strong Q1 earnings and said the shares are ready to re-rate higher following the print.

The analyst commented, "Strong FQ1 result driven by broad... More

Palo Alto Networks (PANW) shares gain on earnings, revenue beat

November 17, 2022 4:22 PM EST

Palo Alto Networks (NASDAQ: PANW) shares rose in after-hours trading Thursday on the back of its fiscal first-quarter earnings, which topped analyst consensus expectations.

The cybersecurity company reported an adjusted net income of $266.4 million, or $0.83 per share, compared with an adjusted net income of $170.3 million,... More