Check Out What Whales Are Doing With PANW
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Palo Alto Networks (NASDAQ:PANW) by a large investor, as observed in the options history. The sentiment among these big-money traders is 90% bearish and 10% bullish. The whales have been targeting a price range from $170.0 to $263.33 for Palo Alto Networks over the last 3 months. The price of PANW is up 1.03% at $247.39. Needham, Keybanc, and JMP Securities have given price targets of $305, $315, and $300 respectively.
November 02, 2023 | 4:17 pm
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A large investor has taken a significant bearish stance on Palo Alto Networks. The sentiment among these big-money traders is 90% bearish. The price of PANW is up 1.03% at $247.39. Analysts have given price targets of $305, $315, and $300.
The bearish stance taken by a large investor indicates a potential decrease in the stock price of Palo Alto Networks. This is further supported by the 90% bearish sentiment among big-money traders. However, the price targets given by analysts are higher than the current price, which may create some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100