This Is What Whales Are Betting On Palo Alto Networks
Portfolio Pulse from Benzinga Insights
High-rolling investors are showing a bullish sentiment on Palo Alto Networks (NASDAQ:PANW) through significant options trading. Benzinga's options scanner identified 8 trades, with 75% being bullish. Analysts have also given positive ratings with an average target price of $359.6.
May 24, 2024 | 2:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
High-rolling investors are showing a bullish sentiment on Palo Alto Networks (NASDAQ:PANW) through significant options trading. Benzinga's options scanner identified 8 trades, with 75% being bullish. Analysts have also given positive ratings with an average target price of $359.6.
The significant bullish sentiment from high-rolling investors and positive analyst ratings suggest a likely short-term price increase for PANW. The options trades indicate a targeted price range of $280 to $330, and the current price is $316.25, which aligns with the bullish outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100