This Is What Whales Are Betting On Palo Alto Networks
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Palo Alto Networks (NASDAQ:PANW), with 60% of detected trades being bearish and 40% bullish. Whales have been targeting a price range of $180 to $210 for PANW over the last 3 months. Analysts have maintained Buy and Overweight ratings with price targets ranging from $220 to $250.
May 22, 2023 | 2:06 pm
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NEUTRAL IMPACT
A whale investor has taken a bearish stance on Palo Alto Networks, with 60% of detected trades being bearish. Analysts maintain Buy and Overweight ratings with price targets ranging from $220 to $250.
The bearish stance taken by the whale investor may create short-term downward pressure on PANW's stock price. However, the maintained Buy and Overweight ratings from analysts with price targets above the current price indicate a positive outlook in the longer term. This creates a neutral short-term impact on PANW's stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100