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Citigroup Inc. announced Palo Alto Networks Inc (NYSE:PANW), bumping up its stock price target to $160.00 today

Just yesterday Palo Alto Networks Inc (NYSE:PANW) traded 0.88% higher at $132.64. Palo Alto Networks Inc’s 50-day moving average is $135.30 and its two hundred day average is $128.34. With the last close up 0.39% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.05% over the same period. Trade Volume was down over the average, with 688,143 shares of PANW changing hands under the typical 1,669,780

Palo Alto Networks Inc (NYSE:PANW) had its target price raised to $160.00 by Citigroup Inc. in an issued report announced 7/07/2017. The bumped up target suggests a potential upside of 0.21% based on the company's previous stock price.

Recent Performance Chart

Palo Alto Networks Inc (NYSE:PANW)

Palo Alto Networks Inc has with a one year low of $107.31 and a one year high of $165.69 and has a market capitalization of $0.

A total of 38 brokers have issued a research note on PANW. Eighteen equity analysts rating the company a strong buy, 22 firms rating the stock a buy, 3 firms rating the company a hold, zero analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $195.61.

Brief Synopsis About Palo Alto Networks Inc (NYSE:PANW)

Palo Alto Networks, Inc. offers a next-generation security platform. The Company's security platform consists of three elements: Next-Generation Firewall, Advanced Endpoint Protection and Threat Intelligence Cloud. Its Next-Generation Firewall delivers application, user and content visibility and control, as well as protection against network-based cyber threats integrated within the firewall through its hardware and software architecture. Its Advanced Endpoint Protection prevents cyber attacks that run malicious code or exploit software vulnerabilities on a range of fixed and virtual endpoints and servers. Its Threat Intelligence Cloud provides central intelligence capabilities, security for software as a service applications and automated delivery of preventative measures against cyber attacks. Its products and services include firewall appliances, panorama, virtual system upgrades, subscription services, support and maintenance, and professional services.

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