Palo Alto Networks (PANW) shares gain on earnings, revenue beat
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Palo Alto Networks (PANW) Ready to 'Re-Rate' Higher Following Strong Earnings - Morgan Stanley
November 18, 2022 8:33 AM ESTMorgan 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) Tops Q1 EPS by 14c, Offers Guidance
November 17, 2022 4:07 PM ESTPalo Alto Networks (NASDAQ: PANW) reported Q1 EPS of $0.83, $0.14 better than the analyst estimate of $0.69. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.55 billion.
GUIDANCE:
Palo Alto Networks sees Q2 2023 EPS of $0.76-$0.78, versus the... More
Palo Alto Networks (PANW) to Acquire Cider Security
November 17, 2022 4:07 PM ESTPalo Alto Networks® (NASDAQ: PANW), the global cybersecurity leader, announced that it has signed a definitive agreement to acquire Cider Security (Cider), a pioneer in application security (AppSec) and software supply chain security. The proposed acquisition supports Palo Alto Networks Prisma® Cloud's platform approach to securing the entire application security lifecycle from code to cloud. Combined with its... More
Palo Alto Networks (PANW) quietly announced 'one of the biggest deals in history' - Citi
November 17, 2022 2:09 PM ESTIn a note on Palo Alto Networks (NASDAQ: PANW) on Thursday, Citi analyst Fatima Boolani stated that the company has quietly disclosed "one of the biggest deals in history."
The analyst reaffirmed a Buy rating and $213 price target on the stock, which is down 1.6% in the current session.
Palo Alto announced Wednesday that through ThunderCat Technology, a... More
