What Analysts Are Saying About Palo Alto Networks Stock
Portfolio Pulse from Benzinga Insights
Analysts have mixed views on Palo Alto Networks (NASDAQ:PANW), with recent ratings ranging from bullish to indifferent. The average 12-month price target is $352.03, up from $345.56, with high and low estimates of $450.00 and $265.00, respectively. Analyst actions include both upgrades and downgrades, reflecting dynamic market conditions and company performance. Palo Alto Networks, a cybersecurity vendor, has shown strong financial performance with a revenue growth rate of 19.33%, a net margin of 88.45%, an ROE of 53.52%, and an ROA of 10.56%, outperforming industry averages.
March 19, 2024 | 3:00 pm
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Palo Alto Networks has received mixed analyst ratings, with an updated average 12-month price target of $352.03. The company's strong financial performance, including significant revenue growth and high net margin, positions it favorably in the market.
The mixed analyst ratings reflect a diverse perspective on Palo Alto Networks' future performance. However, the upward revision of the average price target and the company's strong financial indicators, such as revenue growth and net margin, suggest a positive outlook for the stock in the short term. The company's performance exceeds industry averages, indicating robust operational efficiency and profitability, which are likely to positively influence investor sentiment and stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100