Palo Alto Networks (PANW) : 21 brokerage houses believe that Palo Alto Networks (PANW) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Palo Alto Networks (PANW). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 27 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.33.
Palo Alto Networks (PANW) : The most positive equity analysts on Palo Alto Networks (PANW) expects the shares to touch $210, whereas, the least positive believes that the stock will trade at $150 in the short term. The company is covered by 22 Wall Street Brokerage Firms. The average price target for shares are $184 with an expected fluctuation of $13.45 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Also, Citigroup maintains its rating on Palo Alto Networks (NYSE:PANW). The global brokerage major lowers the current price target from $145 per share to $140 per share. Analysts at the Citigroup have a current rating of Neutral on the shares. The rating by the firm was issued on August 31, 2016.
Palo Alto Networks (NYSE:PANW): The stock opened at $145 and touched an intraday high of $148.77 on Wednesday. During the day, the stock corrected to an intraday low of $145, however, the bulls stepped in and pushed the price higher to close in the green at $147.33 with a gain of 1.63% for the day. The total traded volume for the day was 1,831,267. The stock had closed at $144.97 in the previous trading session.
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).