Analysts Mixed on Palo Alto Networks Stock After Earnings
PANWPalo Alto(PANW) schaeffersresearch.com·2024-05-21 22:05

Palo Alto Networks Inc (NASDAQ:PANW) reported a fiscal third-quarter earnings and revenue beat after yesterday's close, but the security slipped after also issuing a weaker-than-expected billings outlook. Shares are down 6.6% at $302.46 at last check, with the brokerage bunch doling out two price-target cuts and two hikes in response to the results. Today's bear gap has the equity swinging to a year-to-date loss, but it still boasts a 31.2% year-over-year lead. Shares yesterday hit their highest level since ...