Check Out What Whales Are Doing With PANW
Portfolio Pulse from Benzinga Insights
A significant number of investors have taken a bearish stance on Palo Alto Networks (NASDAQ:PANW), with 81% of detected trades indicating bearish expectations. The price target for the company, based on volume and open interest, ranges from $190.0 to $270.0. The current price of PANW is $251.14, up 0.97%, but RSI indicators suggest the stock may be overbought. Analysts from Raymond James, UBS, Evercore ISI Group, BTIG, and Stifel have maintained their ratings on the company, with price targets ranging from $250 to $280.
September 11, 2023 | 4:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Bearish sentiment detected in trades for Palo Alto Networks. Price target ranges from $190.0 to $270.0. Current price is $251.14, up 0.97%. Analysts maintain ratings with price targets from $250 to $280.
The bearish sentiment detected in trades, along with the suggestion that the stock may be overbought, could potentially lead to a decrease in the stock's price. However, the maintained ratings from analysts, with price targets close to or above the current price, may counteract this to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100