Palo Alto Networks Unusual Options Activity For August 23
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Palo Alto Networks (NASDAQ:PANW), with a bearish stance taken by a large investor. The overall sentiment of these big-money traders is split between 46% bullish and 53% bearish. The price target for PANW over the last 3 months has been between $210.0 to $290.0. Several financial institutions have maintained their ratings on PANW, with price targets ranging from $260 to $304.
August 23, 2023 | 2:46 pm
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Unusual options activity observed for Palo Alto Networks, with a bearish stance taken by a large investor. Price target for PANW over the last 3 months has been between $210.0 to $290.0.
The bearish stance taken by a large investor indicates a potential decrease in the stock price of Palo Alto Networks. The price target range of $210.0 to $290.0 over the last 3 months also suggests a potential downward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100