Decoding Palo Alto Networks's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Whales have shown a bullish stance on Palo Alto Networks (NASDAQ:PANW) with significant options activity. 50% of the trades were bullish, and 38% were bearish. The price target ranges from $150 to $370. The stock is currently down by 4.51% at $301.38, with an average analyst price target of $352.5.
August 02, 2024 | 2:17 pm
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Whales have shown a bullish stance on Palo Alto Networks with significant options activity. The stock is currently down by 4.51% at $301.38, with an average analyst price target of $352.5.
The significant bullish options activity by whales indicates positive sentiment towards Palo Alto Networks. Despite the current price drop, the average analyst price target suggests potential upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100