Impact of Brokerage Rating on Palo Alto Networks, Inc.(PANW)

Many Palo Alto Networks, Inc.(PANW) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Palo Alto Networks Inc was Initiated by Jefferies to Hold on Jan 18, 2017. Palo Alto Networks Inc was Initiated by Wells Fargo to Outperform on Jan 11, 2017. Palo Alto Networks Inc was Initiated by BMO Capital Markets on Jan 5, 2017 to Market Perform, Price Target of the shares are set at $150.Palo Alto Networks Inc was Reiterated by FBN Securities on Dec 19, 2016 to Outperform, Lowers Price Target to $ 155 from a previous price target of $170 .Palo Alto Networks Inc was Reiterated by Imperial Capital on Nov 29, 2016 to Outperform, Lowers Price Target to $ 180 from a previous price target of $190 .

Company has reported several Insider transactions to the SEC, on Feb 8, 2017, Nir Zuk (CTO) sold 11,135 shares at 149.83 per share price.On Dec 28, 2016, Mark Anderson (President) sold 1,964 shares at 125.00 per share price.On Dec 22, 2016, Rene Bonvanie (Chief Marketing Officer) sold 4,405 shares at 126.13 per share price.

Palo Alto Networks Inc Last issued its quarterly earnings results on Nov 21, 2016. The company reported $0.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.52. The company had revenue of $398.10 million for the quarter, compared to analysts expectations of $400.38 million. The companys revenue was up 34.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 EPS.

Palo Alto Networks, Inc. (NYSE:PANW) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.48 by 31 Brokerage Firm. 22 Wall Street Firms have rated the stock as a strong buys. 3 stock experts have also suggested a buy rating. 6 Brokerage Firms have advised hold.

Palo Alto Networks, Inc. (NYSE:PANW): 28 Analyst have given the stock of Palo Alto Networks, Inc. (NYSE:PANW) a near short term price target of $174.64. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $17.74. The higher price target estimate is at $210 while the lower price estimates are fixed at $120.

Palo Alto Networks, Inc. (NYSE:PANW) rose 0.44% or 0.68 points on Tuesday and made its way into the gainers of the day. After trading began at $155.19 the stock was seen hitting $157.1 as a peak level and $153.36 as the lowest level. The stock ended up at $156.91. The daily volume was measured at 875,511 shares. The 52-week high of the share price is $165.69 and the 52-week low is $114.64. The company has a market cap of $14,387 million.

Palo Alto Networks, Inc. offers a network security platform that allows enterprises, service providers, and government entities to secure their networks. The core of its platform is the Companys firewall that delivers natively integrated application, user, and content visibility and control through its operating system, hardware, and software architecture. It serves the enterprise network security market, which consists of Firewall, Unified Threat Management, Web Gateway, Intrusion Detection and Prevention, and Virtual Private Network technologies. Palo Alto Networks, Inc. is headquartered in Santa Clara, California.


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