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Jim Cramer Sees Opportunity In Palo Alto Networks After Stock Is 'Overly Punished' In 2024
Saturday, March 23, 2024 - 7:00am | 554In a recent CNBC Investing Club “Morning Meeting,” host Jim Cramer expressed his views on the performance of Palo Alto Networks Inc (NASDAQ:PANW) and Constellation Brands Inc (NYSE:STZ). What Happened: Cramer, on Friday, noted that the U.S. stock market had a strong week, with the Dow...
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Dan Ives Remains Bullish On Palo Alto Networks Despite 'Nightmare On Elm Street': 'It's A Reset With Brighter Days Ahead'
Tuesday, February 27, 2024 - 4:36am | 688Despite recent setbacks for Palo Alto Networks (NASDAQ:PANW), Wedbush analyst Dan Ives remains optimistic about the company’s future, suggesting brighter days ahead in a recent tweet. What Happened: Ives reaffirmed his confidence in Palo Alto Networks on Tuesday by reposting a clip from last...
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BitGo Secures $100M Funding Round, Valuation Hits $1.75B
Wednesday, August 16, 2023 - 2:09pm | 501BitGo Inc. announced a successful fundraising round, securing $100 million and elevating its valuation to $1.75 billion. BitGo specializes in safeguarding crypto assets, often using physical vaults to protect private keys, Bloomberg reported. The U.S.-based cryptocurrency custody firm currently...
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No More Surfing: Sam Bankman-Fried Agrees To Restrictive Bail Conditions In Wire Fraud And Money Laundering Case
Tuesday, March 28, 2023 - 3:11pm | 286Attorneys representing FTX founder Sam Bankman-Fried have reached a consensus on updated bail terms with U.S. prosecutors, as disclosed in legal documents filed on Monday. District Judge Lewis Kaplan of the Southern District of New York is set to review the proposed conditions, which include...
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25% Upside Seen In Palo Alto, Argus Research Upgrades To Buy
Tuesday, September 5, 2017 - 9:05am | 341Analysts at Argus turned bullish on Palo Alto Networks Inc (NYSE: PANW) as the integrated internet security solutions provider showed in its earnings report that it has moved past prior problems. The firm's Joseph Bonner upgrades Palo Alto's stock rating from Hold to Buy with a $183 price target....
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A 'Top-To-Bottom Beat' From Palo Alto In Q4; Is CFO Exit A Concern?
Friday, September 1, 2017 - 11:21am | 389Shares of Palo Alto Networks Inc (NYSE: PANW) were trading higher by more than 10 percent Friday morning in reaction to the company's better-than-expected earnings report, which also included an executive change. Deutsche Bank's Karl Keirstead maintains a Hold rating on Palo Alto's stock with an...
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Analyst: Palo Alto Networks Is No Longer A 'Show Me' Story
Friday, September 1, 2017 - 9:44am | 382Heading into Palo Alto Networks Inc (NYSE: PANW)'s earnings report Thursday, analysts at BTIG felt that the stock was a "show me story." But after the company's earnings report came in better than expected, the firm's Joel Fishbein Jr. maintains a Buy rating on Palo Alto with a price target boosted...
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Can Former Market Darling Palo Alto Gain Admirers Back With Q4 Print?
Tuesday, August 29, 2017 - 12:18pm | 351Palo Alto Networks Inc (NYSE: PANW)'s status as a market darling has taken a hit over the past few years as the stock traded near the $200 mark in 2015 only to flirt with the $100 mark for part of 2017 amid disappointing earnings reports. The question on many investors mind is can the company build...
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Palo Alto Soars 15% On Thursday, But What Are Analysts Saying?
Thursday, June 1, 2017 - 2:17pm | 625Shares of Palo Alto Networks Inc (NYSE: PANW) gained more than 15 percent on Thursday after the company's fiscal third-quarter report handily exceeded expectations. Here is a summary of what some of Wall Street's most notable analysts are saying about Palo Alto's stock after the...
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Palo Alto Is Not Too Far Away From Once Again Firing On All Cylinders
Thursday, June 1, 2017 - 8:53am | 353Shares of Palo Alto Networks Inc (NYSE: PANW) soared higher by more than 13 percent after the company's fiscal third-quarter earnings report impressed investors and some of Wall Street's top analysts. BTIG's Joel Fishbein maintains a Buy rating on Palo Alto's stock with an unchanged price target as...
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Palo Alto Networks Earnings, Guidance Leak Gives Boost To Shareholders
Thursday, February 25, 2016 - 5:10pm | 157Palo Alto Networks Inc (NYSE: PANW) shares rose nearly 10 percent in the last hour of trading Tuesday after the company's earnings were leaked on its investor relations site. The company reported an earnings and sales beat in its fourth quarter, while issuing revenue guidance above analyst...
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Palo Alto Networks Plunges After JMP Analysts Note 'Challenging' Sales Environment
Thursday, February 18, 2016 - 3:28pm | 152Palo Alto Networks Inc (NASDAQ: PANW) shares are trading lower $12 at $120.67 in Thursday's session. The catalyst for the sharp decline may be a cautious note from JMP Securities regarding its Q2 earnings outlook. The issue has now reversed all of its gains from the last three sessions as it...
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'Momentum Uninterrupted' At Palo Alto, According To Oppenheimer
Tuesday, May 19, 2015 - 12:49pm | 329In a new report, analysts at Oppenheimer laid out their bullish case for Palo Alto Networks Inc (NYSE: PANW) based on their most recent round of channel checks. The report includes several reasons why analysts believe that Palo Alto’s stock is primed for a climb in upcoming months....
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BlackBerry Could Be An M&A Target For These 10 Companies
Monday, March 30, 2015 - 7:20am | 1501BlackBerry Ltd (NASDAQ: BBRY) proved to be a profitable company in the fourth quarter, with an EPS of $0.05. It's an important step forward for the company, which is in the midst of a turnaround. Now that BlackBerry has returned to profitability (compared to its previous year's position...
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Did Google Acquire Boston Dynamics To Manufacture Killer Robots?
Monday, December 16, 2013 - 11:44am | 631Conspiracy theorists sharpen your pencils. Google (NASDAQ: GOOG) just acquired Boston Dynamics, a robotics company with a $10.8 million US Defense Advanced Research Projects Agency (DARPA) contract. Does this mean Google is about to start supplying the U.S. military with “killer robots...