Barclays analyst Saket Kalia maintained a Buy rating on Palo Alto Networks (PANW – Research Report) today and set a price target of $345.00. The company’s shares closed yesterday at $312.32.
Kalia covers the Technology sector, focusing on stocks such as Autodesk, Palo Alto Networks, and Adobe. According to TipRanks, Kalia has an average return of 14.5% and a 60.82% success rate on recommended stocks.
In addition to Barclays, Palo Alto Networks also received a Buy from Jefferies’s Joseph Gallo in a report issued today. However, yesterday, Rosenblatt Securities maintained a Hold rating on Palo Alto Networks (NASDAQ: PANW).
The company has a one-year high of $380.84 and a one-year low of $186.75. Currently, Palo Alto Networks has an average volume of 6.07M.
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Palo Alto Networks (PANW) Company Description:
California-based Palo Alto Networks, Inc., founded in 2005, is a global cybersecurity leader. The company provides network security solutions to enterprises, service providers, and government entities.
Read More on PANW:
- IBM and PANW Team Up to Offer AI-Powered Security Products
- ZS, FTNT, or PANW: Which Cybersecurity Stock Could Generate the Highest Returns?
- Palo Alto Networks added to ‘Tactical Underperform’ list at Evercore ISI
- Palo Alto Networks, Accenture expand strategic alliance
- DA Davidson technology analysts to hold an analyst/industry conference call
