Smart Money Is Betting Big In PANW Options
Portfolio Pulse from Benzinga Insights
Whales are showing a bullish stance on Palo Alto Networks (NASDAQ:PANW) with significant options activity. 47% of the trades are bullish, and 40% are bearish. The price range eyed by big players is between $200 and $450. The stock is currently trading at $322.7, up by 1.9%. Analysts have mixed ratings with an average target price of $359.5.
June 25, 2024 | 8:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Whales are showing a bullish stance on Palo Alto Networks with significant options activity. 47% of the trades are bullish, and 40% are bearish. The price range eyed by big players is between $200 and $450. The stock is currently trading at $322.7, up by 1.9%. Analysts have mixed ratings with an average target price of $359.5.
The significant bullish options activity indicates strong investor confidence in Palo Alto Networks. The stock's current upward movement and positive analyst ratings further support a likely short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100