Palo Alto Networks, Inc. Reports a Strong Quarter, Raises Guidance
Palo Alto Networks (NYSE: PANW) announced fiscal first-quarter 2018 results on Monday after the market closed, showing strong customer growth and momentum for its next-generation security platform. If that wasn't enough, the cybersecurity specialist also boosted its full-year outlook.
Shares were rising before the market opened on Tuesday. Let's dig deeper to see what drove Palo Alto's business as it kicked off its new fiscal year.
IMAGE SOURCE: GETTY IMAGES
Source: Fool.com
Palo Alto Networks Stock
€284.20
0.250%
The stock is an absolute favorite of our community with 73 Buy predictions and no Sell predictions.
As a result the target price of 312 € shows a slightly positive potential of 9.78% compared to the current price of 284.2 € for Palo Alto Networks.
