Streetbeat News

Analyst Ratings

PANW

Stifel analyst Adam Borg maintains a 'Buy' rating on Palo Alto Networks (NASDAQ:PANW) and raises the price target from $240 to $280.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 1:17 pm

PANW

Palo Alto Networks, Inc. (NYSE:PANW) reported better-than-expected Q4 earnings and issued a strong billings outlook for the year. Several analysts, including those from Deutsche Bank, Rosenblatt, JP Morgan, Raymond James, B of A Securities, UBS, BMO Capital, and RBC Capital, have raised their price targets on Palo Alto Networks following the earnings announcement.

Portfolio Pulse from Lisa Levin

August 21, 2023 | 1:16 pm

SQM

Scotiabank analyst Ben Isaacson has maintained a 'Sector Perform' rating on Sociedad Quimica Y Minera (SQM) but lowered the price target from $86 to $85.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 1:16 pm

OPTN

Lake Street analyst Thomas Flaten has initiated coverage on OptiNose (NASDAQ:OPTN) with a Buy rating and a price target of $3.

Portfolio Pulse from richadhand@benzinga.com

August 21, 2023 | 1:15 pm

CINT

B of A Securities analyst Jason Kupferberg has maintained a 'Buy' rating on CI&T (NYSE:CINT) but lowered the price target from $7.2 to $6.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 1:13 pm

PANW

Mizuho analyst Gregg Moskowitz maintains a 'Buy' rating on Palo Alto Networks (NASDAQ:PANW) and raises the price target from $230 to $270.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 1:09 pm

PANW

Cantor Fitzgerald analyst Jonathan Ruykhaver has maintained an Overweight rating on Palo Alto Networks (NASDAQ:PANW) and raised the price target from $240 to $250.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 1:08 pm

AIN

TXT

Albany International Corp (AIN) has appointed Gunnar Kleveland, a former executive at Textron Inc. (TXT), as its new President and CEO, effective from September 1. Kleveland, who has nearly two decades of industrial and aerospace leadership experience, will succeed Bill Higgins. AIN shares closed higher by 1.86% at $92.13 on Friday.

Portfolio Pulse from Akanksha Bakshi

August 21, 2023 | 1:08 pm

CRWD

FTNT

PANW

ZS

Cybersecurity companies CrowdStrike Holdings Inc (NASDAQ:CRWD), Zscaler Inc (NASDAQ:ZS), and Fortinet Inc (NASDAQ:FTNT) are trading higher alongside Palo Alto Networks Inc (NASDAQ:PANW), which issued strong earnings guidance after the close on Friday. Palo Alto's Q4 revenue missed estimates, but EPS beat estimates. The company also provided strong guidance for the fiscal first quarter and full year. Several analysts set new price targets for Palo Alto, pushing its shares up nearly 13%. CrowdStrike, Zscaler, and Fortinet also saw their shares rise.

Portfolio Pulse from Adam Eckert

August 21, 2023 | 1:08 pm

RNR

B of A Securities analyst Joshua Shanker maintains a Buy rating on RenaissanceRe Holdings (NYSE:RNR) but lowers the price target from $275 to $266.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2023 | 1:07 pm