Palo Alto Networks (NYSE:PANW) : The consensus on Palo Alto Networks (NYSE:PANW) based on 26 analyst recommendation on the company stock is 1.33, which is interpreted as a Strong Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 20 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Palo Alto Networks (NYSE:PANW) : The most positive equity analysts on Palo Alto Networks (NYSE:PANW) expects the shares to touch $215, whereas, the least positive believes that the stock will trade at $140 in the short term. The company is covered by 23 Wall Street Brokerage Firms. The average price target for shares are $185.13 with an expected fluctuation of $16.68 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Also, JP Morgan maintains its rating on Palo Alto Networks (NYSE:PANW). The global brokerage major lowers the current price target from $216 per share to $196 per share. Analysts at the JP Morgan have a current rating of Overweight on the shares. The rating by the firm was issued on May 27, 2016.
Palo Alto Networks (NYSE:PANW): stock turned positive on Tuesday. Though the stock opened at $119.05, the bulls momentum made the stock top out at $120.41 level for the day. The stock recorded a low of $116.81 and closed the trading day at $118.42, in the green by 1.42%. The total traded volume for the day was 1,319,589. The stock had closed at $116.76 in the previous days trading.
In an insider trading activity,The officer (EVP of WW Field Ops) of Palo Alto Networks Inc, Anderson Mark sold 2,203 shares at $127.1 on June 21, 2016. The Insider selling transaction had a total value worth of $280,001. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Palo Alto Networks, Inc. is a security company. The Companys security platform consists of three elements: its Next-Generation Firewall, its Advanced Endpoint Protection, and its Threat Intelligence Cloud. The Companys Next-Generation Firewall delivers application, user, and content visibility and control, as well as protection against network-based cyber threats integrated within the firewall through its hardware and software architecture. Its Advanced Endpoint Protection prevents cyber-attacks that aim to exploit software vulnerabilities on a range of fixed and virtual endpoints and servers. The Companys Threat Intelligence Cloud provides central intelligence capabilities, security for software as a service (SaaS) applications, and automated delivery of preventative measures against cyber-attacks. The Companys PAN-OS operating system contains App-ID, User-ID, site-to-site virtual private network (VPN), remote access secure sockets layer (SSL) VPN, and Quality-of-Service (QoS).