Form 10-Q Palo Alto Networks Inc For: Oct 31

Go back to Form 10-Q Palo Alto Networks Inc For: Oct 31

Three reasons why the selloff in this software stock is a buying opportunity

November 21, 2024 4:00 PM EST

Barclays analysts argue that the recent selloff in a certain software name presents a buying opportunity, citing three key reasons.

Despite concerns over billings performance, the bank highlights Palo Alto Networks (NASDAQ: PANW) strong underlying metrics and reaffirms their Overweight rating and $425 price target on the stock.

First, Barclays says Palo Alto reported results that exceeded expectations on critical metrics,... More

Palo Alto Networks (PANW) PT Raised to $432 at Citi

November 21, 2024 7:17 AM EST

Citi analyst Fatima Boolani raised the price target on Palo Alto Networks (NASDAQ: PANW) to $432.00 (from $395.00) while maintaining a Buy rating.

The analyst comments "Solid RPO/cRPO/ARR performance ahead of expectations, paired with slight revs (all product-driven) and modest EBIT upside... More

Rosenblatt Upgrades Palo Alto Networks (PANW) to Buy (correction)

November 21, 2024 6:50 AM EST

(Updated - November 21, 2024 7:08 AM EST)

Rosenblatt analyst Catherine Trebnick upgrades Palo Alto Networks (NASDAQ: PANW) to Buy from Neutral with a $430 price target.

The analyst comments "We are upgrading Palo Alto Networks to Buy (from Neutral) with a price target of... More

Palo Alto Networks (PANW) PT Lowered to $421 at Goldman Sachs

November 21, 2024 6:03 AM EST

Goldman Sachs analyst Gabriela Borges lowered the price target on Palo Alto Networks (NASDAQ: PANW) to $421.00 (from $425.00) while maintaining a Buy rating.

The analyst comments "Palo Alto is indicated down 6% on mixed 1QFY results: Revenue was 1% above the Street, NGS ARR was 2%... More