Information Provided By:
Fly News Breaks for February 25, 2020
PANW
Feb 25, 2020 | 08:30 EDT
SunTrust analyst Joel Fishbein lowered his price target on Palo Alto Networks to $230 after its second consecutive quarter of "disappointing" product revenue results in Q2 and a lowered guidance for the year. The analyst intends to question the management whether this trend is due to a transition in the strategy or a "more concerning" change in the company's business. Fishbein still keeps his Buy rating on Palo Alto Networks, noting that the company's "next-gen security" should contribute to its profitability as its sales become a higher component of the mix.
News For PANW From the Last 2 Days
There are no results for your query PANW