S&P 500
3,351.28+2.12(+0.06%)Nasdaq
11,010.98-97.09(-0.87%)Russell 2000
1,569.18+24.56(+1.59%)
Palo Alto Networks, Inc. (PANW)
Chart Events
Performance Outlook
| Previous Close | 265.88 |
| Open | 265.06 |
| Bid | 261.30 x 800 |
| Ask | 261.98 x 1100 |
| Day's Range | 257.66 - 265.74 |
| 52 Week Range | 125.47 - 266.20 |
| Volume | 824,239 |
| Avg. Volume | 1,323,171 |
| Market Cap | 25.202B |
| Beta (5Y Monthly) | 1.21 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.36 |
| Earnings Date | Aug 24, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 261.84 |
- TheStreet.com
Twilio, Square, Palo Alto Networks: Midday Tech Stock Movers
Stocks rose on Wednesday amid continuing expectations of a stimulus package and positive results from a handful of tech firms.
- Benzinga
Benzinga's Top Upgrades, Downgrades For August 5, 2020
Upgrades * For BMC Stock Holdings Inc (NASDAQ: BMCH), B. Riley FBR upgraded the previous rating of Neutral to the current rating Buy. BMC Stock Holdings earned $0.73 in the second quarter, compared to $0.59 in the year-ago quarter. The current stock performance of BMC Stock Holdings shows a 52-week-high of $32.71 and a 52-week-low of $13.38. Moreover, at the end of the last trading period, the closing price was at $30.32. * For International Money Express Inc (NASDAQ: IMXI), JMP Securities upgraded the previous rating of Market Perform to the current rating Outperform. International Money earned $0.28 in the second quarter, compared to $0.26 in the year-ago quarter. The current stock performance of International Money shows a 52-week-high of $16.10 and a 52-week-low of $6.46. Moreover, at the end of the last trading period, the closing price was at $14.20. * JP Morgan upgraded the previous rating for Valvoline Inc (NYSE: VVV) from Neutral to Overweight. For the third quarter, Valvoline had an EPS of $0.28, compared to year-ago quarter EPS of $0.37. The current stock performance of Valvoline shows a 52-week-high of $23.90 and a 52-week-low of $9.06. Moreover, at the end of the last trading period, the closing price was at $20.91. * According to SVB Leerink, the prior rating for R1 RCM Inc (NASDAQ: RCM) was changed from Market Perform to Outperform. R1 RCM earned $0.03 in the second quarter, compared to $0.12 in the year-ago quarter. At the moment, the stock has a 52-week-high of $15.73 and a 52-week-low of $7.12. R1 RCM closed at $15.10 at the end of the last trading period. * For JELD-WEN Holding Inc (NYSE: JELD), RBC Capital upgraded the previous rating of Underperform to the current rating Sector Perform. For the second quarter, JELD-WEN Holding had an EPS of $0.47, compared to year-ago quarter EPS of $0.45. At the moment, the stock has a 52-week-high of $27.00 and a 52-week-low of $6.06. JELD-WEN Holding closed at $20.91 at the end of the last trading period. * For The Walt Disney Co (NYSE: DIS), Credit Suisse upgraded the previous rating of Neutral to the current rating Outperform. In the third quarter, Walt Disney showed an EPS of $0.08, compared to $1.35 from the year-ago quarter. The current stock performance of Walt Disney shows a 52-week-high of $153.41 and a 52-week-low of $79.07. Moreover, at the end of the last trading period, the closing price was at $117.42. * According to JP Morgan, the prior rating for Novavax Inc (NASDAQ: NVAX) was changed from Neutral to Overweight. Novavax earned ($0.58) in the first quarter, compared to ($0.11) in the year-ago quarter. The current stock performance of Novavax shows a 52-week-high of $159.97 and a 52-week-low of $3.54. Moreover, at the end of the last trading period, the closing price was at $157.17. * For Evercore Inc (NYSE: EVR), Goldman Sachs upgraded the previous rating of Neutral to the current rating Buy. For the second quarter, Evercore had an EPS of $1.53, compared to year-ago quarter EPS of $2.07. The current stock performance of Evercore shows a 52-week-high of $85.42 and a 52-week-low of $33.25. Moreover, at the end of the last trading period, the closing price was at $57.50. * For Palo Alto Networks Inc (NYSE: PANW), BTIG upgraded the previous rating of Neutral to the current rating Buy. Palo Alto Networks earned $1.17 in the third quarter, compared to $1.31 in the year-ago quarter. The stock has a 52-week-high of $256.42 and a 52-week-low of $125.47. At the end of the last trading period, Palo Alto Networks closed at $254.89. Downgrades * For Sanderson Farms Inc (NASDAQ: SAFM), Credit Suisse downgraded the previous rating of Outperform to the current rating Neutral. In the second quarter, Sanderson Farms showed an EPS of $0.28, compared to $1.83 from the year-ago quarter. The stock has a 52-week-high of $179.45 and a 52-week-low of $102.13. At the end of the last trading period, Sanderson Farms closed at $114.92. * For Tyson Foods Inc (NYSE: TSN), Credit Suisse downgraded the previous rating of Outperform to the current rating Neutral. For the third quarter, Tyson Foods had an EPS of $1.40, compared to year-ago quarter EPS of $1.47. The stock has a 52-week-high of $94.24 and a 52-week-low of $42.57. At the end of the last trading period, Tyson Foods closed at $65.12. * According to Raymond James, the prior rating for Aon PLC (NYSE: AON) was changed from Market Perform to Underperform. In the second quarter, Aon showed an EPS of $1.96, compared to $1.87 from the year-ago quarter. At the moment, the stock has a 52-week-high of $238.19 and a 52-week-low of $143.93. Aon closed at $199.56 at the end of the last trading period. * According to Stifel, the prior rating for Bluegreen Vacations Corp (NYSE: BXG) was changed from Buy to Hold. In the first quarter, Bluegreen Vacations showed an EPS of $0.24, compared to $0.20 from the year-ago quarter. At the moment, the stock has a 52-week-high of $10.79 and a 52-week-low of $3.25. Bluegreen Vacations closed at $7.63 at the end of the last trading period. * Jefferies downgraded the previous rating for Corcept Therapeutics Inc (NASDAQ: CORT) from Buy to Hold. In the second quarter, Corcept Therapeutics showed an EPS of $0.32, compared to $0.25 from the year-ago quarter. The stock has a 52-week-high of $18.52 and a 52-week-low of $9.70. At the end of the last trading period, Corcept Therapeutics closed at $15.69. * For Kansas City Southern (NYSE: KSU), Stifel downgraded the previous rating of Buy to the current rating Hold. For the second quarter, Kansas City Southern had an EPS of $1.15, compared to year-ago quarter EPS of $1.64. The current stock performance of Kansas City Southern shows a 52-week-high of $184.16 and a 52-week-low of $92.86. Moreover, at the end of the last trading period, the closing price was at $172.76. * For LGI Homes Inc (NASDAQ: LGIH), Wells Fargo downgraded the previous rating of Overweight to the current rating Equal-Weight. LGI Homes earned $2.21 in the second quarter, compared to $1.82 in the year-ago quarter. At the moment, the stock has a 52-week-high of $123.94 and a 52-week-low of $33.00. LGI Homes closed at $116.16 at the end of the last trading period. * Goldman Sachs downgraded the previous rating for Moelis & Co (NYSE: MC) from Neutral to Sell. Moelis & Co earned ($0.11) in the second quarter, compared to $0.56 in the year-ago quarter. The current stock performance of Moelis & Co shows a 52-week-high of $41.27 and a 52-week-low of $22.11. Moreover, at the end of the last trading period, the closing price was at $30.15. * According to JP Morgan, the prior rating for New Relic Inc (NYSE: NEWR) was changed from Overweight to Neutral. New Relic earned $0.15 in the first quarter, compared to $0.19 in the year-ago quarter. The stock has a 52-week-high of $94.38 and a 52-week-low of $33.49. At the end of the last trading period, New Relic closed at $73.50. Initiations * With a current rating of Buy, Jefferies initiated coverage on Brinker International Inc (NYSE: EAT). The price target seems to have been set at $34.00 for Brinker International. Brinker International earned $1.28 in the third quarter, compared to $1.26 in the year-ago quarter. The stock has a 52-week-high of $47.57 and a 52-week-low of $7.00. At the end of the last trading period, Brinker International closed at $27.62. * HC Wainwright & Co. initiated coverage on Phio Pharmaceuticals Corp (NASDAQ: PHIO) with a Buy rating. The price target for Phio Pharmaceuticals is set to $4.00. For the first quarter, Phio Pharmaceuticals had an EPS of ($1.33), compared to year-ago quarter EPS of ($0.10). The stock has a 52-week-high of $10.85 and a 52-week-low of $0.10. At the end of the last trading period, Phio Pharmaceuticals closed at $2.62.See more from Benzinga * A Look Into CVS Health's Debt * AmerisourceBergen's Debt Overview * BorgWarner's Debt Overview(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- MarketWatch
Palo Alto Networks stock gains after BTIG upgrade
Shares of Palo Alto Networks Inc. are up more than 2% in premarket trading Wednesday after BTIG analyst Gray Powell upgraded the stock to buy from neutral, writing that his conversations within the industry suggest the cybersecurity company has been improving its sales execution for its core firewall business and that trends seemed strong through July. "We heard that Palo Alto Networks' quarter-end activity was further elevated in July with one contact indicating that it was the busiest ever, he wrote, giving him "a much higher degree of confidence" with regards to the company's fiscal fourth quarter, which ended in July. Powell also heard of "improved traction" for the company as far as federal government contract wins. Powell set a $313 price target on the shares, which are up 29% over the past three months as the S&P 500 has gained 15%.
