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Palo Alto Networks (PANW) PT Raised to $285 at Macquarie

May 21, 2024 10:40 AM EDT

Macquarie analyst Sarah Hindlian-Bowler raised the price target on Palo Alto Networks (NASDAQ: PANW) to $285.00 (from $270.00) while maintaining a Neutral rating.

The analyst comments "Palo reported a generally in-line FQ3'24, with total revenue of $1.98bn vs. consensus of $1.97bn and billings of $2.33bn vs. consensus of $2.34bn. EPS of $1.32 beat vs. consensus of $1.25. RPO... More