Wells Fargo Trims Valuation Range on Palo Alto Networks (PANW) Following Q1 Results, Outlook

UBS Cuts Price Target on Palo Alto Networks (PANW) to $160 Following 1Q

November 22, 2016 8:28 AM EST

UBS maintained a Buy rating on Palo Alto Networks (NYSE: PANW), and cut the price target to $160.00 (from $165.00), following the company's 1Q earnings report. PANW reported product revenue of $164M, below the Street's $167M estimate.

Analyst Brent Thill commented, "On the heels of a tough set-up... More

BTIG Trims PT on Palo Alto Networks (PANW) to $190 Following Q1 Results, Outlook; Affirms at 'Buy'

November 22, 2016 7:20 AM EST

BTIG lowers its price target on Buy-rated Palo Alto Networks (NYSE: PANW) from $210 to $190 following Q1 results and guidance issued Monday night.

The firm noted the following today:

Larger deals a blessing and a curse near term. Revenues and billings came in below expectations,... More

Needham & Company Remains Sidelined on Palo Alto Networks (PANW) Following Mixed Quarter

November 22, 2016 7:19 AM EST

Needham & Company reiterated a Hold rating on Palo Alto Networks (NYSE: PANW) following the company's 1Q earnings report. PANWs $398.1m revenues and $517m billings were below the consensus estimates of $400m revenue and $525m billings. EPS of $0.55 was better than $0.52 consensus. Management guided 2Q to $426-432m and $0.61-0.63 EPS, which is below... More

Palo Alto Networks (PANW): 13% Post Market Selloff Is A Buying Opportunity - Oppenheimer

November 22, 2016 6:40 AM EST

Oppenheimer analyst, Shaul Eyal, reiterated his Outperform rating on shares of Palo Alto Networks (NYSE: PANW) after the company reported mixed F1Q17 results beating consensus' EPS & CFFO estimates but falling slightly short of the Street's revenue and billings estimates. The quarter was impacted by weaker-than-expected... More

Palo Alto Networks (PANW) Reports In-Line Q1 EPS; Guides Q2 Revenue Below Views

November 21, 2016 4:04 PM EST

Palo Alto Networks (NYSE: PANW) reported Q1 EPS of $0.53, in-line with the analyst estimate of $0.53. Revenue for the quarter came in at $398.1 million versus the consensus estimate of $400.2 million.

GUIDANCE:

Palo Alto Networks sees Q2 2017 EPS of $0.61-$0.63, versus the... More