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Palo Alto Networks (PANW) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-04-29 22:50
In the latest market close, Palo Alto Networks (PANW) reached $293.51, with a +0.72% movement compared to the previous day. The stock outpaced the S&P 500's daily gain of 0.32%. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq gained 0.35%.Heading into today, shares of the security software maker had gained 2.57% over the past month, outpacing the Computer and Technology sector's loss of 1.9% and the S&P 500's loss of 2% in that time.The upcoming earnings release of Palo Alto Networks will b ...
Palo Alto Networks: Fierce Competition, Shares Remain Near Fair Value
Seeking Alpha· 2024-04-26 19:01
Sundry Photography Cybersecurity stocks took off to start 2024. The WisdomTree Cybersecurity Fund ETF (WCBR) continued its surge off lows notched in October last year, but the ETF has since pulled back considerably as we head into the quarterly reporting season for cybersecurity companies. I reiterate a hold rating on Palo Alto Networks, Inc. (NASDAQ:PANW). I see the stock near fair value amid strong EPS growth, though I am a bit more sanguine on the tech stock's chart which I will detail later in the artic ...
PERF vs. PANW: Which Stock Is the Better Value Option?
Zacks Investment Research· 2024-04-25 16:45
Investors interested in stocks from the Internet - Software sector have probably already heard of Perfect Corp. (PERF) and Palo Alto Networks (PANW) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emph ...
Here's Why Palo Alto Networks (PANW) Gained But Lagged the Market Today
Zacks Investment Research· 2024-04-22 22:51
The most recent trading session ended with Palo Alto Networks (PANW) standing at $278.35, reflecting a +0.23% shift from the previouse trading day's closing. The stock lagged the S&P 500's daily gain of 0.87%. Elsewhere, the Dow gained 0.67%, while the tech-heavy Nasdaq added 1.11%.Coming into today, shares of the security software maker had lost 3.16% in the past month. In that same time, the Computer and Technology sector lost 5.98%, while the S&P 500 lost 3.97%.Analysts and investors alike will be keepin ...
DEADLINE NEXT WEEK: Robbins Geller Rudman & Dowd LLP Announces that Palo Alto Networks Inc. Investors with Substantial Losses Have Opportunity to Lead Case - PANW
Newsfilter· 2024-04-21 20:12
SAN DIEGO, April 21, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Palo Alto Networks Inc. (NASDAQ:PANW) common stock between August 18, 2023 and February 20, 2024, inclusive (the "Class Period"), have until this Friday, April 26, 2024 to seek appointment as lead plaintiff of the Palo Alto Networks class action lawsuit. Captioned Schlaegel v. Palo Alto Networks Inc., No. 24-cv-01156 (N.D. Cal.), the Palo Alto Networks class action lawsuit charges Palo Al ...
Palo Alto Networks Stock Has 26% Upside, According to 1 Wall Street Analyst
The Motley Fool· 2024-04-21 19:29
Palo Alto stock performed well when it was a growth stock, but what about now, since the growth has slowed?Palo Alto Networks (PANW -1.22%) stock is in a funk. Two months ago, the cybersecurity company reported powerful earnings -- but slashed guidance, causing the stock to sell off. Palo Alto hasn't recovered much since.This might change. On Thursday, KeyBanc analyst Michael Turits lowered his price target on Palo Alto, as TheFly.com reports. Turits did say the stock is still worth about $355 per share, ho ...
Palo Alto Networks' firewall bug under attack brings fresh havoc to thousands of companies
TechCrunch· 2024-04-17 16:10
Palo Alto Networks urged companies this week to patch against a newly discovered zero-day vulnerability in one of its widely used security products, after malicious hackers began exploiting the bug to break into corporate networks.The vulnerability is officially known as CVE-2024-3400 and was found in the newer versions of the PAN-OS software that runs on Palo Alto’s GlobalProtect firewall products. Because the vulnerability allows hackers to gain complete control of an affected firewall over the internet w ...
Palo Alto Networks (PANW) Beats Stock Market Upswing: What Investors Need to Know
Zacks Investment Research· 2024-04-16 22:51
The latest trading session saw Palo Alto Networks (PANW) ending at $275.62, denoting a +1.28% adjustment from its last day's close. The stock outpaced the S&P 500's daily gain of 0.03%. Elsewhere, the Dow saw an upswing of 0.41%, while the tech-heavy Nasdaq appreciated by 0.12%.Coming into today, shares of the security software maker had lost 4.59% in the past month. In that same time, the Computer and Technology sector lost 0.55%, while the S&P 500 lost 0.9%.The investment community will be paying close at ...
Snowflake vs. Palo Alto Networks: Which Is the Best Growth Stock to Buy?
The Motley Fool· 2024-04-15 15:22
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palo Alto Networks and Snowflake. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Is It Worth Investing in Palo Alto (PANW) Based on Wall Street's Bullish Views?
Zacks Investment Research· 2024-04-15 14:36
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Palo Alto Networks (PANW) .Palo Alto currently has an average brokerage re ...