This Is What Whales Are Betting On Palo Alto Networks
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on Palo Alto Networks (NASDAQ:PANW), with 53% of investors opening trades with bullish expectations and 46% with bearish. The whales have been targeting a price range from $166.67 to $230.0 for Palo Alto Networks over the last 3 months. The price of PANW is currently down -2.73% at $209.37. Several financial institutions have maintained their positive ratings on Palo Alto Networks, with price targets ranging from $250 to $305.
August 08, 2023 | 1:46 pm
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Palo Alto Networks has seen significant options trading activity, with a bullish stance taken by a major investor. Several financial institutions have maintained their positive ratings on the company.
The bullish stance taken by a significant investor, along with the positive ratings maintained by several financial institutions, indicate a positive short-term impact on Palo Alto Networks' stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100