3 Reasons to Bet on Palo Alto Networks
Palo Alto Networks' (NYSE: PANW) latest fourth-quarter results clearly indicate that its sales strategy reorganization and product updates are working well, helping it add a record 3,000 customers during the period.
Not surprisingly, Palo Alto beat the higher end of its own revenue and earnings guidance by a wide margin. Additionally, the company's full-year forecast for fiscal 2018 was better than Wall Street's expectations. But there's more to Palo Alto than just the quarterly numbers and the guidance. A closer look at some key trends clearly indicates that Palo Alto is pulling the right strings to make a dent in the cybersecurity market.
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Source: Fool.com
Palo Alto Networks Stock
€287.00
-0.030%
The stock is an absolute favorite of our community with 77 Buy predictions and no Sell predictions.
As a result the target price of 309 € shows a slightly positive potential of 7.67% compared to the current price of 287.0 € for Palo Alto Networks.
