Palo Alto Networks (PANW) : Zacks Investment Research ranks Palo Alto Networks (PANW) as 3, which is a Hold recommendation. 20 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 3 other analysts are mildly bullish on the stock and favor a Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 26 research analysts is 1.33, which indicates as a Strong Buy.
Palo Alto Networks (PANW) : Average target price received by Palo Alto Networks (PANW) is $185.13 with an expected standard deviation of $16.68. The most aggressive target on the stock is $215, whereas the most downbeat target is $140. 23 financial analysts are currently covering the stock.
Palo Alto Networks (NYSE:PANW): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $118.01 and $117.02 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $120.96. The buying momentum continued till the end and the stock did not give up its gains. It closed at $119.97, notching a gain of 0.92% for the day. The total traded volume was 966,002 . The stock had closed at $118.88 on the previous day.
Also, JP Morgan maintains its view on Palo Alto Networks (NYSE:PANW) according to the research report released by the firm to its investors. The shares have now been rated Overweight by the stock experts at the ratings house. JP Morgan lowers the price target from $216 per share to $196 per share on Palo Alto Networks . The rating by the firm was issued on May 27, 2016. The company shares have dropped -31.08% from its 1 Year high price. On Jul 24, 2015, the shares registered one year high at $200.55 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $132.09 and the 200 Day Moving Average price is recorded at $144.91.
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).