Palo Alto Networks (PANW) August option implied volatility elevated into quarter results

Go back to Palo Alto Networks (PANW) August option implied volatility elevated into quarter results

Rosenblatt on Palo Alto Networks (PANW): 'We expect a solid print'

August 15, 2023 7:00 AM EDT

Rosenblatt analyst Catherine Trebnick reiterated a Buy rating and $250.00 price target on Palo Alto Networks (NASDAQ: PANW)

The analyst comments "The company reports on Friday, August 18, after the market close. The company's stock price has fallen by 8% since the earnings announcement on... More

Deutsche Bank Sees Palo Alto (PANW) Announcing No Longer Selling Hardward Friday, 'we believe more meaningful change may be afoot'

August 14, 2023 11:58 AM EDT

Deutsche Bank analyst Brad Zelnick reiterated a Buy rating and $225.00 price target on Palo Alto Networks (NASDAQ: PANW).

The analyst comments "Ahead of Friday's unusually timed investor event where the company will report F4Q results and lay out its medium-term plan, we contemplate what we think will ultimately be a positive catalyst. The knee-jerk reaction to announcing a summerFriday-post-close event was negative with the stock since underperforming the IGV by 8% and FTNT's disappointment on Aug 3 only exacerbated the situation. As the industry exits a pandemic-fueled... More