Palo Alto Networks’ Upcoming Q2 Earnings Preview 
<p>RBC Capital provided its outlook on <a href='https://financialmodelingprep.com/financial-summary/PANW'>Palo Alto Networks, Inc. (NASDAQ:PANW)</a>, ahead of the upcoming Q2 earnings announcement, scheduled on Tuesday. </p>
<p>Despite a more challenging selling environment, the analysts expect a slight upside to Q2 results and in-line guidance, driven by several product cycles and security consolidation.</p>
<p>While macros have recently been a more noticeable headwind for security spend, including peer management teams noting extended review cycles and lower budget flush, the analysts believe Palo Alto has done a good job navigating macro pressures through increased engagement with customers early in the quarter and front-load hiring.</p>
<p>The analysts reiterated their Outperform rating and $200 price target on the stock, noting that Palo Alto remains one of their top ideas. </p>

NASDAQ:PANW