(PANW) Stock Rating Reaffirmed by Oppenheimer Holdings, Inc

Andrew Cummings
November 21, 2017

It is down 44.89% since November 21, 2016 and is uptrending. It has outperformed by 1.89% the S&P500.

There are some differences in terms of how greatly these growth rates were net of some negative current impact from business moving to the cloud but the picture they provide relative to Palo Alto Networks and Proofpoint taking share are valid. Therefore 76% are positive. Wunderlich Managemnt holds 0.82% of its portfolio in Palo Alto Networks Inc (NYSE:PANW) for 8,230 shares. CEO Mark McLaughlin said results were pushed by the company's execution of its "land and expand" go-to-market model with very strong new customer acquisition, and the broad adoption of its Next-Generation Security Platform generating robust cash flow. The company was maintained on Friday, February 26 by Topeka Capital Markets. The rating was maintained by Nomura on Friday, November 10 with "Reduce". (NYSE:PANW)'s latest quote $142.53 $-0.15 -0.13% will find technical support in $141.21 a share and a breakdown below this region would be a significantly bearish signal for Palo Alto Networks, Inc. traders. (NYSE:PANW)'s stock had its "hold" rating restated by stock analysts at Robert W. Baird in a report issued on Tuesday. On Tuesday, October 17 the stock rating was downgraded by KLR Group to "Hold". The stock of Palo Alto Networks Inc (NYSE:PANW) has "Buy" rating given on Monday, September 12 by Rosenblatt. (NYSE:PANW)'s performance this year to date is 13.98%. Stifel Nicolaus maintained it with "Buy" rating and $180.0 target in Thursday, August 31 report. (NYSE:PANW) are experiencing unusual volume during today's trading. The rating was maintained by RBC Capital Markets with "Outperform" on Tuesday, November 22.


Investors sentiment increased to 0.91 in Q2 2017. ATR remains at 1.38 while Beta component of the stock stands at 0.87. It worsened, as 65 investors sold Palo Alto Networks Inc shares while 166 reduced holdings. 387.02 million shares or 0.60% more from 384.71 million shares in 2017Q1 were reported. Mirae Asset Glob Investments Ltd invested in 0.03% or 11,065 shares. IFM Investors Pty Ltd purchased a new position in Palo Alto Networks in the 3rd quarter worth approximately $366,000. (PANW), Week Volatility is 1.99%, whereas Month Volatility is at 2.28%. (NYSE:PAG). Affinity Invest Advsrs Lc has 0.2% invested in Penske Automotive Group, Inc. (PANW) has an Analysts' Mean Recommendation of 2. The New York-based Garrison Bradford And Assoc has invested 0.72% in 3M Co (NYSE:MMM). Cambridge Tru holds 0.85% or 92,356 shares. Sandy Spring Bank & Trust, Maryland-based fund reported 300 shares. Qs Invsts Ltd Liability Corporation reported 10 shares. Gramercy Funds Management Llc sold 10,850 shares as the company's stock declined 16.17% while stock markets rallied. Nordea Inv Mngmt Ab holds 0% or 2,607 shares in its portfolio.

This article is informational purposes only and should not be considered a recommendation to buy or sell the stock. The stock has "Neutral" rating by JP Morgan on Friday, January 6. The firm earned "Buy" rating on Wednesday, October 25 by Citigroup. The company's market cap is $12.74 Billion. KeyBanc Capital Markets has "Buy" rating and $170.0 target. The firm has "Underperform" rating by FBR Capital given on Monday, April 3. The firm has "Underweight" rating given on Wednesday, September 20 by JP Morgan.


Analysts await UMB Financial Corp (NASDAQ:UMBF) to report earnings on January, 23. And a P/E of about 38 which represents a PEG ratio of just over one based on the 35% earnings growth the company just reported. Street expectations are for EPS of $0.77 and $3.32. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders.

Palo Alto expects full-year earnings in the range of $3.35 to $3.41 per share, with revenue ranging from $2.15 billion to $2.19 billion. It has underperformed by 33.01% the S&P500.


Other reports by iNewsToday

FOLLOW OUR NEWSPAPER