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


24 January 2018
How to Fix D3dx9_43.dll Is Missing Errors
You will find the reasons why this mistake appears and ways of downloading the original file from the Microsoft website. It basically has to be located in C:\Windows\System32 (however, do not rush pasting d3dx9_43.dll file to this folder).

22 January 2018
Top 10 Cannabis Pipes
In addition, the process of smoking through the pipe is a special pleasure and it can always be taken with you wherever you go. Glass/Wood Mini Hitter by Elevate These elegant little hitters have become popular due to fans of reggae.

09 December 2017
How to work during a trip and all make it up?
In this article, we will share with you a few writing tips: Plan ahead Travel and constant movement exhaust our creative energy. And even better, if you set yourself as a rule not to leave your home until you do the basic business of the day.

26 September 2017
Explore Fort Tilden State Park: An Abandoned New York City
As you approach the boat graveyard, as its name is, there are about more than 100 extinct vessels that rest in the relative peace. But in the recent years, it had gone from an obscure stretch to a favorite destination among the beachgoers and lovers as well.

10 July 2017
CME divests Croatia, Slovenia operations for €230m
The portfolio includes terrestrial TV channels Nova TV, Doma TV, POP TV and Kanal A, as well as several cable TV channels. Croatia and Slovenia are the two smallest markets for CME , whose largest operations are in Czech Republic and Romania.

10 July 2017
Vivo V5s Energetic Blue variant launched exclusively on Flipkart for INR 17990
Connectivity options are Wi-Fi 802.11 a/b/g/n, Bluetooth 4.0, 3.5mm audio jack, MicroUSB 2.0, and Global Positioning System . The smartphone maker now launches a new colour of its recently announced smartphone - Vivo V5S called - the Energetic Blue.

10 July 2017
Neuberger Berman Group LLC raised its position in shares of Starwood Property Trust by 1.5% in the first quarter. (NYSE:STWD). The real estate investment trust posted $0.50 EPS (EPS) for the period, exceeding wall street forecast of $0.47 by $0.03.

10 July 2017
Limited Edition Destiny 2 white PS4 Pro bundle launching on September 6th
While some fans may be disappointed that the game doesn't run at 60fps on the PS4 Pro, Bungie has already commented on the news . The PS4 Pro will offer the best possible console experience on launch day, running the game at a 4K resolution and 30fps.

10 July 2017
Freeport-McMoran, Inc. (FCX) Position Reduced by AQR Capital Management LLC
Capstone Investment Advisors LLC bought a new stake in shares of Freeport-McMoran during the fourth quarter valued at $421,000. The firm owned 13,643 shares of the natural resource company's stock after buying an additional 305 shares during the period.

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.