Palo Alto Networks (PANW) Is Suring After Strong Q1 Report

Palo Alto Networks (PANW) Is Suring After Strong Q1 Report

Palo Alto Networks (PANW) Is Suring After Strong Q1 Report

On the stock's most recent trading day, the company's shares ended the regular session at $142.53, which is 13.39% lower than its 52-week high. For the next 5 years, Palo Alto Networks, Inc.is expecting Growth of 23.53% per annum, whereas in the past 5 years the growth was 93.29% per annum. It has underperformed by 33.01% the S&P500.

PANW has been the subject of several analyst reports. The rating was downgraded by Suntrust Robinson on Wednesday, November 1 to "Hold". Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and thirty-one have assigned a buy rating to the company. 2,387 are owned by Timber Hill Ltd Company.

The company partnered with Telefonica Business Solutions to launch the Clean Pipes 2.0 security platform for the business-to-business market. The stock has "Buy" rating by Maxim Group on Thursday, September 28. The stock has "Underperform" rating by Credit Suisse on Friday, June 16.

Palo Alto Networks, Inc.'s insider ownership stands at 3.3 percent, while its insider transaction is -9.79 percent.

United Technologies Corporation (NYSE:UTX) trades at $116.38 having a market capitalization of $94.02 billion. It now has negative earnings. The core of its platform is the Company's firewall that delivers natively integrated application, user, and content visibility and control through its operating system, hardware, and software architecture.

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Investors sentiment decreased to 0.94 in Q2 2017. For the week, the stock is performing 0.27%. 82 funds opened positions while 136 raised stakes. Goodwin Daniel L, Illinois-based fund reported 4,200 shares.

This revenue growth reflects Palo Alto Networks pulling away from most of the competition. Sales reached $0.51 billion during the three-month period, compared to the average analyst estimate of $0.49 billion. Credit Suisse Ag accumulated 0% or 31,721 shares. Malaga Cove Capital Limited Com holds 0.92% of its portfolio in Palo Alto Networks Inc (NYSE:PANW) for 11,355 shares. Palo Alto Networks has an average rating of "Buy" and a consensus target price of $161.38. Castleark Management Ltd Liability reported 203,705 shares. Caisse De Depot Et Placement Du Quebec stated it has 3,200 shares or 0% of all its holdings. Principal Fincl Gp has invested 0% in Palo Alto Networks Inc (NYSE:PANW). Weatherly Asset Mgmt Lp invested 0.27% of its portfolio in Palo Alto Networks Inc (NYSE:PANW). Northwest Investment Counselors Lc holds 0.04% or 638 shares. Citigroup Inc. reissued a "buy" rating and issued a $168.00 price target (up from $160.00) on shares of Palo Alto Networks in a report on Friday, September 1st. Therefore 76% are positive. 3M had 65 analyst reports since July 24, 2015 according to SRatingsIntel. As per Monday, February 22, the company rating was maintained by Barclays Capital. Piper Jaffray maintained the stock with "Buy" rating in Friday, November 10 report. KeyBanc Capital Markets has "Buy" rating and $170.0 target.

About 74,313 shares traded. It is down 18.59% since November 21, 2016 and is uptrending. It has outperformed by 28.19% the S&P500. The company has market cap of $13.11 billion. The Firm has activities in the exploration and production and mid-stream areas. The P/E Ratio for PANW is NE. The Firm operates in three divisions: North American Insurance, Global Markets Insurance and Reinsurance.

Investors sentiment decreased to 1.04 in 2017 Q2. It's down -0.25, from 0.85 in 2017Q1. It dived, as 30 investors sold PAG shares while 69 reduced holdings. Goldman Sachs Grp invested in 0% or 303,036 shares. The Santa Clara, California-based company said it had a loss of 70 cents per share. (NYSE:PAG). Affinity Invest Advsrs Lc has 0.2% invested in Penske Automotive Group, Inc. Hilltop Hldg Inc, a Texas-based fund reported 3,941 shares. The share price was last seen -0.27% lower, reaching at $55.16 on November 20, 2017. Hudson Bay Management LP invested 0% of its portfolio in Sears Holdings Corp (NASDAQ:SHLD). Walleye Trading Limited Company invested in 0.04% or 53,779 shares. Overall, the share price is down -25.39% year to date.

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