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ZS

Zscaler

$49.30

-12.69 (-20.47%)

, PANW

Palo Alto Networks

$206.50

-4.68 (-2.22%)

07:07
09/11/19
09/11
07:07
09/11/19
07:07

Zscaler price target lowered to $60 from $100 at BMO Capital

BMO Capital analyst Keith Bachman lowered his price target on Zscaler (ZS) to $60 and kept his Market Perform rating, saying that while the 53% revenue growth reported in Q4 would be "exceptional" in "normal circumstances", it marked a deceleration from the prior quarter. The analyst also points to the competitive dynamics between Zscaler and Palo Alto (PANW) firewall vendors, noting that the valuation of the former heading into the results "left little room" for the slowdown. Bachman still points to the positives in Zscaler's Q4 results, which included high net retention rates and steady gross margins.

ZS

Zscaler

$49.30

-12.69 (-20.47%)

PANW

Palo Alto Networks

$206.50

-4.68 (-2.22%)

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ZS Zscaler
$49.30

-12.69 (-20.47%)

08/19/19
OTRG
08/19/19
NO CHANGE
OTRG
Zscaler slides after OTR says checks point to weaker partner trends
Shares of Zscaler are lower after analysts at boutique firm OTR Global said in a note to investors prior to the open that their checks with the company's partners indicated that a greater proportion fell below their sales goals this quarter than last and more of them saw growth in the current quarter trailing the broader security market. OTR stated this morning that four of the 14 Zscaler partners it polled fell below their sales expectation in the fiscal fourth quarter, which is up from two of 13 polled last quarter, and seven of 11 partners said they saw growth lagging the overall security market in the fiscal fourth quarter. Win rates deteriorated quarter-over-quarter for three of 14 partners, while some large partners reported increased competition among channel partners, OTR said, according to contacts. In early afternoon trading, Zscaler shares are down $6.82, or 8.4%, to $74.09.
09/09/19
RSBL
09/09/19
INITIATION
Target $65
RSBL
Neutral
Zscaler initiated with a Neutral at Rosenblatt
Rosenblatt analyst Yun Kim initiated Zscaler with a Neutral and $65 price target.
09/11/19
PIPR
09/11/19
NO CHANGE
Target $70
PIPR
Overweight
Zscaler price target lowered to $70 from $82 at Piper Jaffray
Piper Jaffray analyst Andrew Nowinski lowered his price target for Zscaler to $70 from $82 citing reduced comparable multiples following the company's fiscal Q4 results. Despite reporting "solid" results, the shares are down around 20%, likely attributable to management's comments that large deals were taking longer to close, Nowinski tells investors in a research note. Management also guided Q1 revenue modestly below normal seasonality and likely below buy-side expectations, though the guidance was prudent given the large deal slippage, adds the analyst. However, he still believes Zscaler is well positioned against the competition and reiterates an Overweight rating on the shares.
09/11/19
LEHM
09/11/19
NO CHANGE
Target $54
LEHM
Equal Weight
Zscaler price target lowered to $54 from $80 at Barclays
Barclays analyst Saket Kalia lowered his price target for Zscaler to $54 from $80 saying the company's billings beat in fiscal Q4 will be overshadowed by lengthening sales cycles for large deals, a "seemingly prudent" billings guide, and a "tape that is selling growth names." The analyst keeps an Equal Weight rating on Zscaler shares.
PANW Palo Alto Networks
$206.50

-4.68 (-2.22%)

09/05/19
FBCO
09/05/19
NO CHANGE
Target $195
FBCO
Underperform
Palo Alto Networks price target raised to $195 from $185 at Credit Suisse
Credit Suisse analyst Brad Zelnick raised his price target for Palo Alto Networks to $195 from $185 following mixed Q4 results. The analyst also highlights the company's analyst day, where it surprised by not announcing a business model transition that had been previously telegraphed, yet cutting adjusted free cash flow margin to 30% in 2020 from 37% in 2019, without any real change in duration. Zelnick reiterates an Underperform rating on the shares.
09/05/19
GUGG
09/05/19
NO CHANGE
Target $280
GUGG
Buy
Palo Alto put cash flow fears 'to rest' with long-term guidance, says Guggenheim
Guggenheim analyst Imtiaz Koujalgi sees the key highlight of Palo Alto Networks' earnings report and analyst day as the company having provided revenue, billings, and margin guidance for the three years of FY20-FY22. Investors have been concerned about margins and cash flows for FY20 and beyond and the company's guidance should put those free cash flow fears "to rest," Koujalgi tells investors. Additionally, the company's Cloud and next-gen security business was strong in the quarter and is expected to drive growth going forward, noted Koujalgi, who keeps a Buy rating and $280 price target on Palo Alto shares.
09/05/19
WELS
09/05/19
NO CHANGE
Target $275
WELS
Outperform
Palo Alto Networks price target lowered to $275 from $300 at Wells Fargo
Wells Fargo analyst Philip Winslow lowered his price target for Palo Alto Networks to $275 from $300 after the company hosted its first analyst day since September 2017 and reported Q4 results. The analyst reiterates an Outperform rating on the shares.
09/09/19
RSBL
09/09/19
INITIATION
Target $220
RSBL
Neutral
Palo Alto Networks initiated with a Neutral at Rosenblatt
Rosenblatt analyst Yun Kim initiated Palo Alto Networks with a Neutral and $220 price target.

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Bank of America

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Glacier Bancorp

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T

AT&T

$37.90

-0.46 (-1.20%)

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Comcast

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-0.08 (-0.17%)

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CMCSA

Comcast

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CMCSK

Comcast

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SNE

Sony

$60.37

0.06 (0.10%)

LGF.A

Lionsgate

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-0.065 (-0.58%)

LGF.B

Lionsgate

$10.44

-0.1 (-0.95%)

DIS

Disney

$138.00

0.44 (0.32%)

VIAB

Viacom

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0.02 (0.08%)

VIA

Viacom

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BA

Boeing

$379.87

4.3 (1.14%)

16:34
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Periodicals
Boeing board to call for safety changes following 737 Max crashes, NYTimes says »

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FB

Facebook

$186.97

-0.42 (-0.22%)

16:25
09/15/19
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Periodicals
Regulators to question Facebook's Libra amid EU concerns, FT reports »

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AAPL

Apple

$218.71

-4.4 (-1.97%)

16:22
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16:22
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Apple TV+ premieres with period drama at Tribeca Festival, Reuters reports »

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MO

Altria Group

$42.01

-0.77 (-1.80%)

, BTI

British American Tobacco

$36.76

-1.21 (-3.19%)

16:19
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Periodicals
New York bans flavored e-cigarettes, Reuters reports »

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Altria Group

$42.01

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BTI

British American Tobacco

$36.76

-1.21 (-3.19%)

IMBBY

Imperial Brands

$0.00

(0.00%)

PM

Philip Morris

$73.01

-1.89 (-2.52%)

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SPY

SPDR S&P 500 ETF Trust

$300.98

-0.29 (-0.10%)

, SPX

S&P 500

$0.00

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15:52
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Periodicals
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SPDR S&P 500 ETF Trust

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S&P 500

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ENRFF

Enerflex

$0.00

(0.00%)

15:52
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Conference/Events
Enerflex management to meet with TD Securities »

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SNMSF

Spin Master

$0.00

(0.00%)

15:50
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Spin Master management to meet with TD Securities »

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WFTBF

West Fraser Timber

$0.00

(0.00%)

15:48
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West Fraser Timber management to meet with TD Securities »

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GM

General Motors

$38.83

-0.22 (-0.56%)

15:41
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Periodicals
UAW calls strike against GM amid financial crisis, CNBC reports »

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KOD

Kodiak Sciences

$14.99

0.805 (5.68%)

15:34
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Hot Stocks
Kodiak Sciences announces emerging durability data from Phase 1 study of KSI-301 »

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LHX

L3Harris Technologies

$207.62

-1.88 (-0.90%)

, ESLT

Elbit Systems

$157.40

-0.2 (-0.13%)

15:30
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Hot Stocks
L3Harris Technologies completes sale of Harris Night Vision business »

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LHX

L3Harris Technologies

$207.62

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ESLT

Elbit Systems

$157.40

-0.2 (-0.13%)

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Bayer

$0.00

(0.00%)

, BJ

BJ's Wholesale

$27.45

-0.02 (-0.07%)

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Bayer

$0.00

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BJ's Wholesale

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BMBOY

Grupo Bimbo

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FB

Facebook

$186.97

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FORR

Forrester

$36.33

0.38 (1.06%)

HAIN

Hain Celestial

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0.25 (1.15%)

HSY

Hershey

$148.68

-2.445 (-1.62%)

IBM

IBM

$143.59

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K

Kellogg

$63.36

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MDLZ

Mondelez

$54.08

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NLSN

Nielsen

$22.45

-0.06 (-0.27%)

PG

Procter & Gamble

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PJC

Piper Jaffray

$78.23

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REV

Revlon

$19.86

0.02 (0.10%)

SJM

J.M. Smucker

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0.72 (0.68%)

TGT

Target

$108.01

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TSN

Tyson Foods

$85.19

1.71 (2.05%)

UL

Unilever; also tag UN

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Walmart

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0.42 (0.36%)

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NVCR

Novocure

$79.29

-0.92 (-1.15%)

, RHHBY

Roche

$0.00

(0.00%)

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Conference/Events
American Society for Radiation Oncology to hold annual meeting »

2019 ASTRO Annual Meeting…

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Novocure

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RHHBY

Roche

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SNY

Sanofi

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SIEGY

Siemens

$0.00

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TDY

Teledyne

$315.15

2.75 (0.88%)

VAR

Varian Medical

$117.39

-2.19 (-1.83%)

HTHIY

Hitachi

$0.00

(0.00%)

GHDX

Genomic Health

$71.69

-1.02 (-1.40%)

ESALY

Eisai

$0.00

(0.00%)

EKTAY

Elekta

$0.00

(0.00%)

BMY

Bristol-Myers

$49.40

-0.22 (-0.44%)

BSX

Boston Scientific

$41.81

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BAYRY

Bayer

$0.00

(0.00%)

AZN

AstraZeneca

$42.76

-0.14 (-0.33%)

ARAY

Accuray

$3.03

(0.00%)

MRK

Merck

$82.61

0.38 (0.46%)

MDT

Medtronic

$109.63

-0.77 (-0.70%)

WTKWY

Wolters Kluwer

$0.00

(0.00%)

HOLX

Hologic

$49.72

-0.09 (-0.18%)

ISR

IsoRay

$0.32

-0.0059 (-1.84%)

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12:50
09/15/19
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Conference/Events
SunTrust retail analyst team to hold a dinner meeting »

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NET

Cloudflare

$17.96

(0.00%)

, AMZN

Amazon.com

$1,837.49

-6 (-0.33%)

07:40
09/15/19
09/15
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07:40
On The Fly
Opening Day: Cloudflare jumps in market debut »

Shares of Cloudflare…

NET

Cloudflare

$17.96

(0.00%)

AMZN

Amazon.com

$1,837.49

-6 (-0.33%)

MSFT

Microsoft

$137.21

-0.33 (-0.24%)

STSA

Satsuma Pharmaceuticals

$16.61

(0.00%)

SWTX

SpringsWorks Therapeutics

$22.75

(0.00%)

SDC

SmileDirectClub

$18.68

1.8 (10.66%)

TXG

10x Genomics

$53.80

0.85 (1.61%)

PTON

Peloton

$0.00

(0.00%)

WE

We Company

$0.00

(0.00%)

NVST

Envista

$0.00

(0.00%)

XGN

Exagen

$0.00

(0.00%)

DDOG

Datadog

$0.00

(0.00%)

SFTBF

SoftBank

$0.00

(0.00%)

SFTBY

SoftBank

$0.00

(0.00%)

NDAQ

Nasdaq

$99.51

0.5 (0.51%)

DHR

Danaher

$141.02

-0.84 (-0.59%)

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04:55
09/15/19
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04:55
Conference/Events
SunTrust retail/consumer goods analysts to hold a dinner meeting »

Retail/Consumer Goods…

ABT

Abbott

$84.25

-0.96 (-1.13%)

, ADPT

Adaptive Biotechnologies

$43.28

3.49 (8.77%)

13:22
09/14/19
09/14
13:22
09/14/19
13:22
Conference/Events
William Blair diagnostic products/med tech analyst to hold a group luncheon »

Diagnostic Products &…

ABT

Abbott

$84.25

-0.96 (-1.13%)

ADPT

Adaptive Biotechnologies

$43.28

3.49 (8.77%)

BDX

Becton Dickinson

$260.68

-1.41 (-0.54%)

COO

Cooper Companies

$301.95

-3 (-0.98%)

EXAS

Exact Sciences

$106.72

-1.99 (-1.83%)

GH

Guardant Health

$77.54

0.49 (0.64%)

NEO

NeoGenomics

$21.34

-1.22 (-5.41%)

LMNX

Luminex

$22.62

0.1 (0.44%)

HAE

Haemonetics

$125.55

-0.31 (-0.25%)

STAA

STAAR Surgical

$29.21

0.415 (1.44%)

QGEN

Qiagen

$33.97

-0.105 (-0.31%)

NVTA

Invitae

$21.70

-0.2 (-0.91%)

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CRTO

Criteo

, TWTR

Twitter

13:19
09/14/19
09/14
13:19
09/14/19
13:19
Conference/Events
FBN Securities Tech/Internet analyst to hold a group luncheon »

Technology & Internet…

CRTO

Criteo

TWTR

Twitter

SNAP

Snap

GOOGL

Alphabet Class A

FB

Facebook

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