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Palo Alto Networks

Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 80,000 enterprise customers across the world, including more than three fourths of the Global 2000.

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Descubre las recomendaciones de los analistas más precisos de Wall Street y cómo podrían ayudarte a superar el mercado bursátil.

5 acciones recomendadas por los analistas de mayor precisión en Wall Street

Earnings

Movers

Las acciones de Palo Alto Networks (PANW) sorprenden al alza tras anunciar resultados financieros fuertes y recompra de acciones.

¿Qué está pasando con las acciones de Palo Alto Networks (PAWN) el martes?

FLNT

Aquí tienes cinco acciones estadounidenses que podrían llamar la atención de los inversores este martes: LOW, PANW, MDT, FLNT y ALC.

5 acciones en el foco este martes: LOW, PANW, MDT, FLNT y ALC

Palo Alto Networks Inc

WIIM

Palo Alto Networks shares are trading lower after HSBC downgraded the stock from Hold to Reduce and cut its price target from $304 to $291.

HSBC analyst Stephen Bersey downgrades Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) from Hold to Reduce and lowers the price target from $304 to $291.

Downgrades

HSBC Downgrades Palo Alto Networks to Reduce, Lowers Price Target to $291

Wall Street witnessed a positive momentum on Thursday as investor risk appetite remained resilient despite escalating geopolitical tensions in Europe. The market brushed off concerns following a Russian missile strike on a Ukrainian military facility overnight, which came in response to Ukrainian missile <a href="https://www.benzinga.com/24/11/42113449/natural-gas-prices-spike-to-over-1-year-highs-oil-surges-to-70-as-russia-fires-intercontinental-ballistic-missile-to-ukraine">attacks earlier this week. </a>
Russian President Vladimir Putin, in a televised address on Thursday, stated that after the use of long-range missiles from Ukraine, &#8220;the regional conflict gained elements of global one.&#8221;
Major U.S. indices traded higher by midday trading in New York, with standout performances among blue-chip stocks and small-cap equities. 
The Dow Jones Industrial Average surged 500 points, reaching 43,965, marking a 1.3% gain and its strongest session in over two weeks.
The Russell 2000 outperformed with a 1.7% jump, setting up its best day since the post-election rally. 
In contrast, the Nasdaq 100 lagged slightly, rising 0.5%. Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), despite higher-than-expected earnings, failed to spark broader optimism in the tech sector. Meanwhile, shares of Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) tumbled nearly 6% after the Department of Justice (DOJ) mandated the sale of Google Chrome aimed at curbing Google&#8217;s dominant position in search and digital advertising.
Geopolitical uncertainties drove strong gains in the commodities market. <a href="https://www.benzinga.com/news/global/24/11/42118286/7-us-natural-gas-stocks-to-watch-as-henry-hub-prices-surge-50-in-november">Natural gas Henry Hub prices </a>soared 5%, bringing year-to-date gains to over 50% and marking the best monthly performance since July 2022. Crude oil prices also climbed 0.9%, supported by supply concerns.
Gold extended its winning streak, rising 0.7% for its fourth consecutive session of gains as investors sought safe-haven assets.
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) continued its rally, rising over 3% and hitting an intraday high of $98,367. The largest cryptocurrency now hovers tantalizingly close to the $100,000 milestone. 
<h1 class="wp-block-heading">Thursday&#8217;s Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day % chg</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,365.25</td>
<td>1.7%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>43,965.39</td>
<td>1.3%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,949.37</td>
<td>0.5%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>20,739.86</td>
<td>0.4%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 1:00 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent111924&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.6% to $593.78.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;rose 1.3% to $439.81.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 0.3% to $504.89.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) soared 1.7% to $234.91.</li>
<li>The&nbsp;Financial Sector Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) outperformed, rising 1.6%. The&nbsp;Communication Services Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>) lagged, down 0.5%.</li>
</ul>
<h1 class="wp-block-heading">Thursday&#8217;s Stock Movers</h1>
<ul>
<li>Nvidia Corp. fell 0.6% despite surpassing Street&#8217;s consensus estimates on both earnings per share and revenue during the third quarter. Analysts have raised price targets with Wedbush at $175, Baird at $195 and Barclays at $160.</li>
<li>Despite the dismal reaction by Nvidia, semiconductor stocks, as tracked by the iShares Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOXX#NASDAQ">SOXX</a>) rose 1.9%. Major gainers on Thursday were Micron Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), up 4.7%; Marvell Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>), up 3.9% and Applied Materials Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>), up 3.7%.</li>
<li>PDD Holdings Inc. &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) tumbled nearly 10% after missing earnings and revenue estimates.</li>
<li>Other stocks reacting to earnings included Deere &amp; Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>), up 8.8%; Warner Music Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WMG#NASDAQ">WMG</a>), down 8%; Palo Alto Networks Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>), up 1.4% and Snowflake Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNOW#NYSE">SNOW</a>), up 32%.</li>
<li>Companies slated to report their earnings after the close include Intuit Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTU#NASDAQ">INTU</a>), Copart Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CPRT#NASDAQ">CPRT</a>), Ross Stores Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROSS#NASDAQ">ROSS</a>) and NetApp Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTAP#NASDAQ">NTAP</a>). </li>
</ul>
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</ul>
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Macro Economic Events

Sector ETFs

Broad U.S. Equity ETFs

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$BTC

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SPDR Dow Jones Industrial Average ETF Trust

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Citigourp Global Markets 2% Protected Notes Linked To The Djia

ROSS

SNOW

iShares PHLX SOX Semiconductor Sector Index Fund

SOXX

Small Caps Rally, Alphabet Plummets, Bitcoin Flirts With $100,000: What's Driving Markets Thursday?

Palo Alto Networks Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) shares are trading higher Thursday. The cybersecurity company reported fiscal first-quarter earnings results after the market close on Wednesday. Here&#8217;s <a href="https://www.benzinga.com/news/earnings/24/11/42099690/palo-alto-networks-q1-earnings-revenue-beat-eps-beat-2-for-1-stock-split-multiyear-platformization-trend-for-security-ai">what you need to know.</a>
What To Know: Palo Alto Networks reported revenue of $2.14 billion, surpassing the consensus estimate of $2.12 billion. Quarterly earnings came in at $1.56 per share, beating analyst estimates of $1.48 per share, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
Revenue was up 14% year-over-year, with remaining performance obligations growing by 20% to $12.6 billion. Additionally, the company&#8217;s next-generation security annual recurring revenue rose by 40% year-over-year to $4.5 billion.
&#8220;Our Q1 results reinforced our conviction in our differentiated platformization strategy,&#8221; said Nikesh Arora, chairman and CEO of Palo Alto Networks.
The company also announced a two-for-one stock split, which is scheduled to take effect on Dec. 16, with a record date of Dec. 12. Shareholders will receive one additional share for each share they held as of the market close on Dec. 13.
Looking ahead, Palo Alto expects second-quarter fiscal 2025 revenue in the range of $2.22 billion to $2.25 billion and adjusted earnings per share between $1.54 and $1.56. For the full fiscal year, the company anticipates revenue between $9.12 billion and $9.17 billion and earnings between $6.26 and $6.39 per share.
Following the print, analysts maintained <a href="https://www.benzinga.com/news/earnings/earnings-beats/24/11/42116266/palo-alto-networks-posts-q3-beat-analysts-are-most-impressed-by-platform-acceleration">generally positive ratings</a>, with price target adjustments reflecting the strong performance. Price targets from analysts on Thursday ranged from $370 to $450 per share. Needham and Wells Fargo both raised their targets to $450, while Oppenheimer and RBC Capital maintained price targets of $450. 
PANW Price Action: Palo Alto Networks shares were up 2.13% at $401.41 at the time of publication, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
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Image Via Shutterstock.

What's Going On With Palo Alto Networks Stock Thursday?

Truist Securities analyst Anthony Hau maintains Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) with a Buy and maintains $425 price target.

Truist Securities Maintains Buy on Palo Alto Networks, Maintains $425 Price Target

TD Cowen analyst Shaul Eyal maintains Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) with a Buy and raises the price target from $400 to $420.

TD Cowen Maintains Buy on Palo Alto Networks, Raises Price Target to $420

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58c6ab8bb85e9300015f1ad9/brian-abrahams">RBC Capital analyst Brian Abrahams </a>upgraded Sage Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAGE#NASDAQ">SAGE</a>) from Underperform to Sector Perform and maintained the price target of $4. Sage Therapeutics shares closed at $4.91 on Wednesday. See how other analysts view this stock.</li>
<li>Morgan Stanley analyst James Faucette upgraded the rating for EVERTEC, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVTC#NYSE">EVTC</a>) from Underweight to Equal-Weight and raised the price target from $33 to $35. Evertec shares closed at $34.84 on Wednesday. <a href="https://www.benzinga.com/quote/EVTC/analyst-ratings">See how other analysts view this stock.</a></li>
<li><a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58933b1f43eaaa0001698f45/spiro-dounis">Citigroup analyst Spiro Dounis</a> upgraded DT Midstream, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DTM#NYSE">DTM</a>) from Neutral to Buy and raised the price target from $90 to $115. DT Midstream shares closed at $102.73 on Wednesday. <a href="https://www.benzinga.com/quote/DTM/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Rosenblatt analyst Catharine Trebnick upgraded Palo Alto Networks, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) from Neutral to Buy and boosted the price target from $390 to $425. Palo Alto shares closed at $392.89 on Wednesday. <a href="https://www.benzinga.com/quote/PANW/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Compass Point analyst Floris Van Dijkum upgraded Pebblebrook Hotel Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEB#NYSE">PEB</a>) from Neutral to Buy and maintained the price target of $17. Pebblebrook Hotel shares closed at $12.37 on Wednesday. <a href="https://www.benzinga.com/quote/PPEB/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying PANW stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="367" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21111949/image-222-1024x367.png" alt="" class="wp-image-659212" style="width:539px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21111949/image-222-1024x367.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21111949/image-222-300x107.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21111949/image-222-768x275.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21111949/image-222-1536x550.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/21111949/image-222.png 1595w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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EVTC

SAGE

This Palo Alto Networks Analyst Turns Bullish; Here Are Top 5 Upgrades For Thursday

BTIG analyst Gray Powell maintains Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) with a Buy and raises the price target from $395 to $414.

BTIG Maintains Buy on Palo Alto Networks, Raises Price Target to $414

Citigroup analyst Fatima Boolani maintains Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) with a Buy and raises the price target from $395 to $432.

Citigroup Maintains Buy on Palo Alto Networks, Raises Price Target to $432

Deutsche Bank analyst Brad Zelnick maintains Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) with a Buy and raises the price target from $395 to $415.

Deutsche Bank Maintains Buy on Palo Alto Networks, Raises Price Target to $415

Analysts published commentary on Palo Alto Networks Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) after the company reported <a href="https://www.benzinga.com/news/earnings/24/11/42099690/palo-alto-networks-q1-earnings-revenue-beat-eps-beat-2-for-1-stock-split-multiyear-platformization-trend-for-security-ai">upbeat fiscal first-quarter results</a>.
<ul>
<li>Goldman Sachs <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/589dc33e43eaaa000122c59a/gabriela-borges">analyst Gabriela Borges</a> maintained a Buy rating, while reducing the price target from $425 to $421.</li>
<li>Needham <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/6539490f1c7d4600012d4bc4/matt-dezort">analyst Matt Dezort</a> reiterated a Buy rating, while raising the price target from $385 to $450.</li>
<li>JMP Securities <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/6298be750c34880001d668d9/trevor-walsh">analyst Trevor Walsh</a> reaffirmed a Market Outperform rating, while lifting the price target from $380 to $415.</li>
<li>Piper Sandler <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/590783e6290fa70001409b4a/rob-owens">analyst Rob Owens</a> maintained a Neutral rating, while raising the price target from $330 to $385.</li>
<li>KeyBanc Capital Markets <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/62eacb8a9bab060001dbd41a/eric-heath">analyst Eric Heath</a> reiterated an Overweight rating and price target of $435.</li>
<li>Cantor Fitzgerald <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58d11d3db85e93000188d7b9/jonathan-ruykhaver">analyst Jonathan Ruykhaver</a> reaffirmed an Overweight rating and price target of $445.</li>
<li>RBC Capital Markets <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5880b6f377f9dd00011b0ab2/matthew-hedberg">analyst Matthew Hedberg</a> maintained an Outperform rating and a price target of $450.RBC Capital Markets </li>
<li>Oppenheimer <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5937f6b185b07a0001ac364f/ittai-kidron">analyst Ittai Kidron</a> reiterated an Outperform Buy rating and price target of $450.</li>
<li>WestPark Capital <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e301e08430dee0001c88c8d/joseph-feldman">analyst Paul Rodriguez</a> reaffirmed a Hold rating on the stock.</li>
</ul>
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
Goldman Sachs: Palo Alto reported its quarterly revenues 1% above the Street and earnings 6% higher. Management raised their fiscal 2025 guidance for NGS ARR (next-generation security annual recurring revenue) by 2%.
Gross margins came in 85 basis points (bps) short of estimates. Calculated billings declined by 14% year-on-year and came around 20% below the Street. "We believe there continues to be good runway for Palo Alto to transition customers to higher performance (and price) attached subscriptions," Borges said in a note.
Needham: ARR and revenues are up 40% year-on-year at $4.52 billion and up 14% at $2.14 billion, beating consensus by 3.5% and 1%, respectively. RPOs (remaining performance obligations) grew by 20% year-on-year to $12.6 billion and the company guided for an acceleration to 20%-21% in the second quarter, he added.
"Platformization progress continues to impress," with the company adding more than 70 customers in the quarter, which brings the total to 1,100, Dezort said. Palo Alto reiterated its target of reaching 2,500-3,000 platform customers and $15 billion in ARR by fiscal 2030.
JMP Securities: Non-GAAP earnings of $1.56 per share came in higher than consensus of $1.48 per share. The company guided non-GAAP earnings of $1.54-$1.56 per share for the fiscal second quarter, versus consensus of $1.55 per share.
Momentum in the company's SASE and XSIAM offerings is driving platformization, the analyst stated. These offerings "continue to be key growth drivers for the network security and security operations pillars of the business, respectively," Walsh said.
Piper Sandler: Palo Alto enjoyed an acceleration in RPO growth &#8220;given platformization momentum, with beats across other top- and bottom-line metrics," Owens said. Despite this, the company's full-year RPO expectations were in-line, which effectively lowers bookings expectations, "driving the disappointment on the quarter.&#8221;
"Platformization continued to gain traction, with over 70 new platformization deals in F&#8217;1Q, with a third coming from QRadar," the analyst wrote. The company's next-gen portfolio remains strong, he further stated.
KeyBanc Capital Markets: Palo Alto Networks performed better than other "many security peers" in the quarter, Heath said. While revenue, RPO, NGS ARR, and margins came in ahead of expectations, billings was "meaningfully" below, he added.
Investors may be concerned about the sequential decline in deferred revenues acting as a headwind to free cash flows. A move to annualized invoicing seems to be "already quickening sales cycles" and improving visibility into free cash flows in the medium term, the analyst stated. "We remain positive on security being a top area of spend in IT, customers continuing to consolidate security vendors, and we view Palo as a leader in several strategic markets, while still early in consolidating those adjacencies," he added.
Cantor Fitzgerald: Palo Alto started the new fiscal year "on the right foot," outperforming consensus on revenue, RPO, NGS ARR, and earnings, Ruykhaver said. The company raised its full-year guidance to reflect the "strong 1Q momentum and continued strength in the platformization approach," he added.
QRadar added 550 customers to the Cortex customer base and present "ample upsell opportunity to the XSIAM offering," the analyst wrote. Management values this pipeline at more than $1 billion, he further stated.
RBC Capital Markets: Billings declined by 13.5% to $1,752 million, coming in well below consensus of $2,192 million, Hedberg said. "We note again that PANW stopped guiding to billings last quarter given the noise the platformization strategy has introduced to the metric," he added.
Progress in platformization continued in the quarter and "the market is seeing a growing realization of the impact platformization can have," the analyst wrote. Although management raised the full-year guidance for NGS ARR, the extent was less than the first-quarter beat, he further stated.
Oppenheimer: Palo Alto generated strong results for the fiscal first quarter, beating estimates, driven by "sustained momentum on its platform push, broad product adoption, slight acceleration in RPO, and solid cost discipline," Kidron said. The company reported "standout" results for SASE, with 20% year-on-year growth in customers and over 40% growth in deals worth over $1M, and for Cortex, with 180% growth in over $1M XSIAM ARR customers, he added.
"Looking ahead, we see an attractive outlook, and believe easing firewall headwinds, an opportunity to leverage its SASE footprint to drive displacements in the upcoming firewall refresh cycle, and a &gt;$1.5B bookings opportunity with QRadar customers can deliver upside to the current outlook," the analyst further wrote.
WestPark Capital: Palo Alto Networks' revenue growth came in slightly above 14%, higher than the estimate of 12%-13%, Rodriguez said. The company's strong NGS ARR growth of 40% was helped by the inclusion of QRadar migrations, he added.
Management guided to revenues in the range of $2.22 billion to $2.25 billion for the fiscal second quarter and $9.12 billion to $9.17 billion for the full year, the analyst stated. Booking from QRadar to XSIAM transactions have already exceeded $80 million since the deal announcement in May, he further mentioned.
Price Action: Shares of Palo Alto Networkshad declined by 1.04% to $388.80 at the time of publication on Thursday.
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Image: Shutterstock

Analyst Color

Earnings Beats

Reiteration

Palo Alto Networks Reports Upbeat Earnings, Analysts Impressed By Platform Acceleration

B of A Securities analyst Tal Liani maintains Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) with a Neutral and raises the price target from $400 to $430.

B of A Securities Maintains Neutral on Palo Alto Networks, Raises Price Target to $430

BMO Capital analyst Keith Bachman maintains Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) with a Outperform and raises the price target from $390 to $425.

BMO Capital Maintains Outperform on Palo Alto Networks, Raises Price Target to $425

RBC Capital analyst Matthew Hedberg reiterates Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) with a Outperform and maintains $450 price target.

RBC Capital Reiterates Outperform on Palo Alto Networks, Maintains $450 Price Target

Oppenheimer analyst Ittai Kidron maintains Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) with a Outperform and maintains $450 price target.

Oppenheimer Maintains Outperform on Palo Alto Networks, Maintains $450 Price Target

WestPark Capital analyst Paul Rodriguez reiterates Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) with a Hold.

WestPark Capital Reiterates Hold on Palo Alto Networks

Piper Sandler analyst Rob Owens maintains Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) with a Neutral and raises the price target from $330 to $385.

Piper Sandler Maintains Neutral on Palo Alto Networks, Raises Price Target to $385

Cantor Fitzgerald analyst Yi Fu Lee reiterates Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) with a Overweight and maintains $445 price target.

Cantor Fitzgerald Reiterates Overweight on Palo Alto Networks, Maintains $445 Price Target

Wells Fargo analyst Andrew Nowinski maintains Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) with a Overweight and raises the price target from $416 to $450.

Wells Fargo Maintains Overweight on Palo Alto Networks, Raises Price Target to $450

Susquehanna analyst Shyam Patil maintains Palo Alto Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PANW#NASDAQ">PANW</a>) with a Positive and raises the price target from $420 to $435.

Susquehanna Maintains Positive on Palo Alto Networks, Raises Price Target to $435

HSBC analyst Stephen Bersey downgraded Palo Alto Networks (PANW) to Reduce from Hold with a price target of $291, down from $304. At current tradin...

Palo Alto Networks downgraded to Reduce from Hold at HSBC

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Dow Eyeing Third Straight Triple-Digit Pop

Argus raised the firm's price target on Palo Alto Networks (PANW) to $443 from $400 and keeps a Buy rating on the shares after the company reported...

Palo Alto Networks price target raised to $443 from $400 at Argus

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