Palo Alto Networks Q1 Easily Beats, Target Price Up

By | November 25, 2014

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Palo Alto Networks (PANW) received at least four price target increases on Tuesday after it reported late Monday fiscal Q1 earnings that easily topped analysts’ expectations. The Santa Clara, Calif.-based company guided fiscal Q2 earnings per share excluding items of 16 to 17 cents on revenue of $200 million to $204 million. Analysts polled by Thomson Reuters had modeled for 16 cents EPS and $198.1 million in revenue. The network security Scalper1 News

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