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PANW

Palo Alto Networks

$130.63

-3.74 (-2.78%)

11:22
12/01/16
12/01
11:22
12/01/16
11:22

Palo Alto Networks expects to reduce stock-based compensation in future

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PANW Palo Alto Networks
$130.63

-3.74 (-2.78%)

11/22/16
PACS
11/22/16
NO CHANGE
PACS
Palo Alto Networks long-term opportunity still positive, says Pacific Crest
After Palo Alto reported weaker than expected results, Pacific Crest analyst Rob Owens blames the miss on "extended deal cycles requiring additional approval." .However, the analyst continues to believe that its growth is "impressive," and he thinks that it still has one of the best longer term outlooks of any IT security company.He keeps a $190 price target and an Overweight rating on the shares.
11/22/16
STFL
11/22/16
NO CHANGE
STFL
Buy
Palo Alto Networks long-term thesis remains intact, says Stifel
Stifel analyst Gur Talpaz said Palo Alto Networks missed Q1 due to revenue and billings estimates due to an elongated sales cycle that resulted in some larger deals slipping into Q2. The analyst sees a relatively healthy enterprise security spending environment but with additional deal scrutiny and higher levels of discounting among Palo Alto's primary competitors. However, Talpaz is encouraged by improving traction of the company's Traps and VM-Series solutions and views Q1 results as a hiccup and said his long-term Buy thesis is intact.
11/23/16
JPMS
11/23/16
NO CHANGE
Target $170
JPMS
Overweight
JPMorgan remains positive on Palo Alto Networks valuation
After adjusting for stock-based compensation, shares of looks Palo Alto Networks still look attractive relative to its growth rate, JPMorgan analyst Sterling Auty tells investors in a research note. The analyst keeps an Overweight rating on the shares with a $170 price target.
11/29/16
IMPC
11/29/16
NO CHANGE
Target $180
IMPC
Outperform
Palo Alto Networks price target lowered to $180 from $190 at Imperial Capital
Imperial Capital analyst Michael Kim lowered his price target for Palo Alto Networks to $180 citing the company's lengthening sales cycles. The analyst, however, believes Palo Alto continues to gain market share over incumbent vendors. He keeps an Outperform rating on the shares.

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