Citigroup Upgrades Rating On Palo Alto Networks, Inc. (PANW)

06/01/2017 - Palo Alto Networks, Inc. had its "buy" rating reiterated by analysts at Jefferies. After the latest check-in, shares are -3.64% off of the 50 day high and 26.80% away from the 50 day low number.

EPS in next five year years is expected to touch 31.40% while EPS growth in past 5 year was -66.60% along with sales growth of 63.30% in the last five years. The firm is scheduled to issue its next earnings results on Tuesday, August 29th.

According to Zacks, analysts expect that Palo Alto Networks will report full-year earnings of ($1.11) per share for the current year, with EPS estimates ranging from ($1.14) to ($1.08).

Zacks presents analysts with an ABR (Average Broker Rating), based on the sell-side recommendations. The company had revenue of $431.80 million during the quarter, compared to the consensus estimate of $412.11 million. Palo Alto Networks had a lower negative return on equity of 23.77% and a negative net profit margin of 14.38%. The firm's revenue for the quarter was up 24.9% compared to the same quarter a year ago. During the same quarter previous year, the firm earned $0.42 earnings per share.

On June 7 analysts at Susquehanna started covering PANW giving it an initial rating of "Neutral". ValuEngine upgraded shares of Palo Alto Networks from a "sell" rating to a "hold" rating in a research note on Tuesday, June 27th.

Among 49 analysts covering Palo Alto Networks (NYSE:PANW), 32 have Buy rating, 1 Sell and 16 Hold.

Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Palo Alto Networks, Inc. Cowen and Company reaffirmed an "outperform" rating and issued a $165.00 target price (up from $150.00) on shares of Palo Alto Networks in a research report on Thursday, June 1st. Twenty-one research analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the stock.

Let's take a quick look at how the price of Palo Alto Networks, Inc.

Several other hedge funds and other institutional investors also recently bought and sold shares of PANW. Clearbridge Investments LLC boosted its position in shares of Palo Alto Networks by 11.3% in the first quarter. HM Payson & Co. raised its position in Palo Alto Networks by 0.3% in the first quarter. LLC increased its stake in Palo Alto Networks by 31.9% in the first quarter. They use historic price data to observe stock price patterns to predict the direction of that price going forward. Palo Alto Networks makes up 10.9% of Hunt Lane Capital LP's portfolio, making the stock its 3rd largest position.

The counter witnessed a trading volume of 1.77 million shares versus an average volume of 1.99 million shares during last trading session. Wedbush Securities Inc. raised its position in Palo Alto Networks by 0.4% in the first quarter. WFG Advisors LP now owns 900 shares of the network technology company's stock worth $101,000 after buying an additional 50 shares during the last quarter.

COPYRIGHT VIOLATION WARNING: "Brokerages Anticipate Palo Alto Networks, Inc. (PANW) This Quarter" was first reported by Chaffey Breeze and is the property of of Chaffey Breeze. If you are viewing this piece on another site, it was copied illegally and republished in violation of USA & worldwide copyright law. The original version of this piece of content can be read at

06/05/2017 - Palo Alto Networks, Inc. had its "neutral" rating reiterated by analysts at UBS. Over the last five days, shares have managed 1.08% gains and now is up 1.66% since hitting its 200-day moving average of $127.52. Moreover, State Street has 0.02% invested in Palo Alto Networks Inc (NYSE:PANW) for 1.68 million shares. The company has market cap of $12.41 billion. Monness Crespi & Hardt assumed coverage on Palo Alto Networks in a study note published on early Thur, Apr 6th. The Company's security platform consists of three elements: Next-Generation Firewall, Advanced Endpoint Protection and Threat Intelligence Cloud.

Like this


13 September 2017
Casino "SL Casino Riga" of Storm International chain to open in Riga
Guests could relax playing the most popular slots, roulette and video poker, as well as enjoy original entertaining show programs. The interiors are made in soft colors and the muffled lighting is done to create an atmosphere of luxury and relaxation.

10 July 2017
Eminem reportedly working on ninth studio album with Dr. Dre
Hughes has spent an extensive amount of time with Dre and Iovine, who would be involved in something Em's creating. So far, there's be no formal announcement from the rapper or his radio company.

10 July 2017
Real Betis midfielder Dani Ceballos to undergo medical for Real Madrid
Real Madrid are saying that there is an agreement with them. "Both clubs are talking, in hours or days we will have news".

10 July 2017
Carter Jr. Named to 2017 Bednarik Award Watch List
Semifinalists for the Bednarik Award will be announced October 30, 2017, while the three finalists will be unveiledNov. 20, 2017. Watch list season is officially upon us, so be prepared to see a few Virginia Tech players floated around on watch lists.

10 July 2017
NASA to fly Juno craft over Jupiter storm
The data collection of the Great Red Spot is part of Juno's sixth science flyby over Jupiter's mysterious cloud tops. Nasa's Juno spacecraft is set make history as it flies over Jupiter's iconic Great Red Spot for the first time ever.

10 July 2017
Richie Porte suffers horrific crash
Uran won one for Cannondale-Drapac, the team in argyle winless at the Tour de France since stage 19 of the 2014 edition. Medics fitted the BMC rider with a neck brace and put him in an ambulance.

10 July 2017
JK Rowling reveals she's written a fairy tale that's hidden in an
Rowling gave no additional details about the story, aside from the fact that it was written on fabric. If we had to guess, this story is going off the dress and over to the printer before long.

10 July 2017
Google Silently Adds 'Panic Detection Mode' To Protect Users Against Rogue Apps
Stil developers are going through its codes with a hope to make some changes that will be helpful for app and services. Mostly, malware enters Android devices through malicious apps, even the ones downloaded from Google's own Play Store.

10 July 2017
Handelsbanken Fonder Ab Modifies Its Ownership in UnitedHealth Group Incorporated (UNH) Stock
In recent trading day UnitedHealth Group Incorporated (UNH ) stock showed the move of 0.55% with the closing price of $187.96. Bayesian Capital Management LP purchased a new stake in UnitedHealth Group during the fourth quarter worth about $2,122,000.

23 June 2017
Marvel Looks To Shake Its Poor Gaming Reputation
The games are well designed with attractive graphics and extensive content, but neither is viewed as a flawless experience. These games tend to be actually well done for what they are, and in a way they’ve been the pride of Marvel gaming.