Alert: New Earnings Report (11/20/24)-Palo Alto Networks Inc (NASDAQ: PANW).

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Palo Alto Networks Inc (NASDAQ: PANW) has reported E.P.S. of $1.07 for its first fiscal quarter (ending October 31) versus $0.63 for the same period a year ago — an increase of 70%. For the latest four quarters through October 31, E.P.S. were $8.50 compared to $2.00 a year ago — an increase of 325%.

Recent Price Action

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On 11/20/24, Palo Alto Networks Inc (NASDAQ: PANW) stock increased 1.2%, closing at $392.89. Moreover, exceptionally high trading volume at 241% of normal accompanied the advance. The stock has declined -1.3% during the last week but has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

Palo Alto Networks has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Palo Alto Networks has a poor Appreciation Score of 19 but a good Power Rating of 83, and the Neutral Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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