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



18 April 2018
Does Asox9 Have Side Effects?
What Are Asox9's Ingredients? Asox9 was created by Christopher Gordon, a scientist who suffered problems with erection himself. Zinc – Zink is the main compound that can be found in Oysters, which are known to be one of the greatest aphrodisiacs.

12 April 2018
New Jersey Looking Towards Sports Betting
New Jersey has demonstrated recently that financial returns from legalising gambling, in particular online gambling can be huge . As of April 2018 New Jersey have spent a massive $7.2M dollars in the fight to legalise sports betting within the state borders.

27 March 2018
The Growth of Online Gaming and Betting Companies
Even though brick and mortar casinos make offers to gamblers, they do not come anywhere close to what is offered on the wide web. Alternatively, they can be used to learn about the game and the features it comes with as well as the strategies that work best.

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
Campbell Soup Buy Shouldn't Bowl Over Investors
Campbell Soup Company (NYSE: CPB ) plans to acquire Tualatin, Ore. -based organic soup company Pacific Foods for $700 million. The company said the move was its best bet for continuing to grow its business in soup, broth and plant-based beverages.

10 July 2017
US Threatens Trade With China As North Korea Tests New Missiles
Trump did, however, win a concession in the final summit communique on the need to promote what he calls "fair" trade. Trump returned to Washington on Saturday evening after the conclusion of the annual G-20 meetings.

10 July 2017
True Blood actor Nelsan Ellis dies, aged 39
As soon as the tragic news broke, fans and cast mates of Ellis reacted by sharing their condolences and shock on social media. He recalled how he struggled for his first few years but has credited this struggle to the artist he became.

10 July 2017
Manchester United Tour 2017: 27-man travelling squad confirmed
A beer is not allowable regardless of the time or place for the entirety of the visit, ' said a well-placed source. Manchester United have already secured the services of Victor Lindelof and Romelu Lukaku .

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
Rugby player proposes to boyfriend in crowd at Pride in London
Holding a rainbow flag, the transport police officer is clearly shocked, but says yes immediately. The Kings Cross Steelers, founded in 1995, boasts that it's the "world's first gay rugby club".