Better Buy: Palo Alto Networks Inc. vs. FireEye
When Palo Alto Networks (NYSE: PANW) reported earnings last quarter, it delivered -- as usual -- a revenue beat. That, along with strong guidance, helped push its stock up 8% after the announcement on Monday. Another norm for Palo Alto was that its initial gain was quickly cut to 5% as profit takers jumped in.
That contrasts with the story for FireEye (NASDAQ: FEYE), share of which have dipped 15% since it reported solid earnings, but muted guidance Nov. 1. FireEye shareholders are still in the black for the year, but Palo Alto has the momentum. All in all, the question of which is the better buy isn't as cut-and-dried as it seems.
Image source: Getty Images.
Source: Fool.com
Palo Alto Networks Stock
€323.50
2.470%
The stock is an absolute favorite of our community with 101 Buy predictions and no Sell predictions.
As a result the target price of 336 € shows a slightly positive potential of 3.86% compared to the current price of 323.5 € for Palo Alto Networks.
