Palo Alto Networks soars 15% after earnings report. What the pros say to do next

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Pros on CNBC discussed Palo Alto Networks after the cybersecurity company reported better-than-expected earnings.

Market Movers rounded up the best reactions on Palo Alto Networks from investors and analysts. The experts, including Jim Cramer , talked about the cybersecurity provider following its fourth-quarter earnings report on Friday. Earnings came in above analyst estimates while revenue missed the mark, but still rose 26% from last year.

Investors had been concerned about Palo Alto's results given they were scheduled to be released after the market closed on Friday. Historically, those time slots have been used by companies to report poor numbers. The stock received several price target hikes following the news from the likes of Goldman Sachs, Morgan Stanley, Bank of America and more. Shares of Palo Alto finished Monday's trading day 14.8% higher. The stock is currently held in Cramer's Charitable Trust portfolio.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in EG

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Palo Alto Networks shares rise more than 14% after earnings reportThe cybersecurity vendor's share price jumped after investors found little to be concerned about in the after-the-bell Friday report.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Stocks making the biggest premarket moves: Palo Alto Networks, Earthstone Energy, Nvidia, VMware and moreThese are the stocks posting the largest moves in the premarket.
مصدر: nbcchicago - 🏆 545. / 51 اقرأ أكثر »

Palo Alto Networks shares rise more than 12% after earnings reportThe cybersecurity vendor's share price jumped after investors found little to be concerned about in the after-the-bell Friday report.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Here's what analysts are saying after Palo Alto Networks' second-quarter earningsAnalysts are relieved and bullish on the cybersecurity stock after fourth quarter earnings.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Big Tech drives stocks higher, while the market rewards Club cyber name Palo Alto NetworksThe Investing Club holds its 'Morning Meeting' every weekday at 10:20 a.m. ET.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »