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Fly News Breaks for April 17, 2017
PANW
Apr 17, 2017 | 08:48 EDT
After Stifel conducted checks with IT security resellers, Stifel analyst Gur Talpaz says the checks, along with results from other IT security companies, lead him to believe that Palo Alto's poor Q2 results were "more of an isolated issue." The analyst reported that "early signs" from Palo Alto's newer products "are generally encouraging."
News For PANW From the Last 2 Days
PANW
Apr 29, 2024 | 11:20 EDT
Morgan Stanley analyst Hamza Fodderwala tells investors that recent checks indicate "solid" large deal activity and "favorable" competitive positioning for Palo Alto Networks, making the firm "incrementally bullish" ahead of next week's AI event scheduled for May 7 at RSA conference, at which the company is likely to announce new products. The firm has an Overweight rating and $360 price target on Palo Alto shares.