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

BMO Capital Positive on Palo Alto Networks (PANW), 'favorable risk/return on the shares'

BMO Capital analyst Keith Bachman reiterated an Outperform rating and $235.00 price target on Palo Alto Networks (NASDAQ: PANW).

The analyst comments "As we head into the Friday night earnings call, we offer some incremental thoughts, including our view of investor expectations. While... More

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

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

Dow Jones, Nasdaq, S&P 500 weekly preview: BTIG sees 'meaningful' downside risk for tech stocks

S&P 500 (SPX) closed lower for the second consecutive week as analysts continue to highlight rich valuation and a near-term risk of a market correction. The index fell 0.3% to test the initial support at 4450.

Tech-heavy Nasdaq Composite Index (IXIC) dropped 1.9% after previously losing 2.85% in the first week of August. The index is now approaching key near-term support near 13000.

"Technology is up ~35% on the year, yet its medium-term momentum continues to rollover as many key ETFs have broken significant volume-based support levels. We see meaningful downside risk for tech broadly over the coming weeks," BTIG technical analyst Jonathan... More

Palo Alto Networks (PANW) PT Lowered to $265 at Scotiabank

Scotiabank analyst Patrick Colville lowered the price target on Palo Alto Networks (NASDAQ: PANW) to $265.00 (from $285.00) while maintaining a Sector Outperform rating.... More

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

Palo Alto Networks (NASDAQ: PANW) August option implied volatility is at 65, September is at 47; compared to its 52-week range of 26 to 55 into the expected release of quarter results after the bell on August 18.