Palo Alto Networks Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Palo Alto Networks (NASDAQ:PANW), with a mix of bullish and bearish trades. The options scanner identified 11 uncommon trades, with a majority being bullish. The price range targeted by these trades is between $300 and $500. The stock is currently trading at $340.53, down by 0.87%. Analysts have set an average price target of $420.
September 25, 2024 | 3:00 pm
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Palo Alto Networks has seen unusual options activity, with a majority of trades being bullish. The stock is currently trading at $340.53, with a price target of $420 set by analysts. This activity suggests potential price movements within the $300-$500 range.
The unusual options activity, with a majority being bullish, indicates investor confidence in potential upward price movement. The current stock price is $340.53, and the analyst target is $420, suggesting room for growth. The targeted price range of $300-$500 by options traders further supports potential volatility and upward movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100