Pelosi Profits From Palo Alto Networks Earnings Rally: Here's How Much Former Speaker Is Up On 2024 Trade
Portfolio Pulse from Chris Katje
Palo Alto Networks (PANW) reported strong Q4 earnings, beating analyst estimates and raising FY 2025 guidance. This led to a rally in PANW shares, benefiting Nancy Pelosi, who had disclosed buying call options earlier this year. Analysts have raised price targets following the earnings report.
August 21, 2024 | 10:22 pm
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Palo Alto Networks reported strong Q4 earnings, beating estimates and raising FY 2025 guidance. This led to a rally in shares, with analysts raising price targets. Nancy Pelosi's disclosed call options have benefited from this surge.
Palo Alto Networks' strong earnings report and raised guidance have led to a positive market reaction, with shares rallying and analysts increasing price targets. This directly impacts the stock price positively in the short term.
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