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Stock impact report

Palo Alto Networks one of 2022’s best software stocks after another beat-and-raise quarter [Yahoo! Finance News]

Palo Alto Networks, Inc. (PANW) 
Last palo alto networks, inc. earnings: 2/24 04:15 pm Check Earnings Report
Palo Alto Networks Inc. shares rallied Friday into rarified air for a tech company — and especially for an enterprise software company — in 2022, following another beat-and-raise quarter and praise from Wall Street.Late Thursday, Palo Alto Networks, kept up the momentum, reporting another Wall Street-pleasing quarterWith its shares rising as much as 8% Friday, the company’s stock finished the session being 9.8% down year to date. In comparison, the ETFMG Prime Cyber Security ETF, , , , Citi Research analyst Fatima Boolani, who has a buy rating, said in a Friday note that Palo Alto Networks “handily cleared all key growth and profitability hurdles.”While it was another beat-and-raise quarter, Boolani acknowledged the restraint in the “raise” part, which she said signaled “prudence against budget/large deal scrutiny” that the company “is seeing in pockets, and where Palo Alto Networks’ proactive deal rigor/pipeline coverage offer estimate r Show less Read more
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