Optimism Surrounds Palo Alto Networks Before Earnings

Software name Palo Alto Networks Inc (NASDAQ:PANW) is gearing up for its latest quarterly report, due out after the close on Thursday, Feb. 13. Wall Street expects earnings of 78 cents per share on revenue of $2.24 billion, representing a 6.9% and 13.3% increase, respectively, from the same quarter last year. Keybanc is optimistic ahead of the event, lifting its price target to$ 240 from $217 today. Options bulls have been chiming in as well. At the International Securities Exchange (ISE), Cboe Options Exch ...