Palo Alto Networks Stock News

TheStreet cut shares of Palo Alto Networks (NYSE:PANW) from a c rating to a d rating in a research report sent to investors on Thursday morning, TheStreetRatingsTable reports. A number of other research analysts also recently issued reports on the company. KeyCorp raised their price target on Palo Alto Networks from $469.00 to $507.00 and []

Wedbush Securities Inc. trimmed its holdings in shares of Palo Alto Networks, Inc. (NYSE:PANW) by 3.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,958 shares of the network technology companys stock after selling 65 shares during the quarter. []

Palo Alto Networks (NYSE:PANW) was downgraded by equities research analysts at TheStreet from a c rating to a d rating in a report released on Thursday, TheStreetRatingsTable reports. Several other research analysts also recently weighed in on PANW. Colliers Securities restated a buy rating and issued a $600.00 target price on shares of Palo Alto []

Palo Alto Networks (NYSE:PANW) had its target price lifted by Piper Sandler from $600.00 to $675.00 in a report issued on Friday, The Fly reports. They currently have an overweight rating on the network technology companys stock. PANW has been the subject of a number of other reports. Truist Securities boosted their price target on []

Palo Alto Networks (NYSE:PANW) had its target price lifted by Loop Capital from $475.00 to $530.00 in a research note released on Friday, The Fly reports. They currently have a hold rating on the network technology companys stock. PANW has been the topic of several other research reports. Robert W. Baird boosted their target price []

Palo Alto Networks (NYSE:PANW) updated its FY 2022 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $7.150-$7.250 for the period, compared to the Thomson Reuters consensus estimate of $7.240. The company issued revenue guidance of $6.68 billion-$6.73 billion, compared to the consensus revenue estimate of $5.31 billion.Palo Alto Networks also []

Palo Alto Networks (NYSE:PANW) had its target price lifted by stock analysts at Truist from $525.00 to $600.00 in a research note issued to investors on Friday, Briefing.com reports. The firm currently has a buy rating on the network technology companys stock. Truists price objective would indicate a potential upside of 15.39% from the stocks []

Palo Alto Networks (NYSE:PANW) announced its quarterly earnings results on Wednesday. The network technology company reported $1.64 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.57 by $0.07, MarketWatch Earnings reports. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.20 billion. Palo Alto Networks had []

Palo Alto Networks Inc (NASDAQ:PANW) stock rose 0.77% (As on Nov 19, 11:13:40 AM UTC-4, Source: Google Finance) after the company posted better than expected The post Palo Alto Networks Inc (NASDAQ:PANW) raises revenue and billings guidance for FY22 appeared first on FXDailyReport.Com .

Equity index futures were mixed before the open as the Dow Jones Industrial Average and the S&P 500 index futures point to a lower open. However, the Nasdaq futures are pointing higher. The negativity appears to be prompted by rising COVID-19 cases, particularly in Europe. Oil prices (/CL) and bond yields are also falling on the news because European governments, particularly Austria, are responding to the cases with more lockdown measures. The COVID-19 news appears to be hitting travel and leisure stocks. The cruise company Carnival (NYSE: CCL ) was down 2.82% in premarket trading. Royal Caribbean (NYSE: RCL ) and Norwegian Cruise Line (NYSE: NCLH ) were also down 1.97% and 2.88% respectively. Cryptocurrencies are still selling off with Bitcoin down 1.72% overnight and down approximately 15% from its November high. Ethereum is down 1.19% and Dogecoin is down 1.9% in the last 24 hours. The selloff was prompted last week as China continued to crack down on cryptos and increased strength in the dollar.

And I''ll likely be legging in from the short side.PANW

Palo Alto Networks shares trade higher after reporting adjusted earnings and sales that beat analysts'' forecasts and lifts its billings and revenue outlook.

Parametric Portfolio Associates LLC boosted its position in Palo Alto Networks, Inc. (NYSE:PANW) by 6.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,490 shares of the network technology companys stock after buying an additional 7,838 shares during the quarter. Parametric []

Cybersecurity major Palo Alto Networks, Inc. (PANW) has reported better-than-expected results for the fiscal first quarter ended October 31, 2021. The post Palo Alto Networks Reports Strong Q1 Results; Street Says Buy appeared first on Smarter Analyst .

Palo Alto Networks (NYSE:PANW) had its target price upped by Deutsche Bank Aktiengesellschaft from $560.00 to $605.00 in a report published on Monday, The Fly reports. They currently have a buy rating on the network technology companys stock. A number of other brokerages have also weighed in on PANW. KeyCorp lifted their price objective on []