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Citigroup issued a report on Palo Alto Networks (NYSE:PANW), stepping up its target to $160.00 earlier today

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

Just yesterday Palo Alto Networks (NYSE:PANW) traded 0.88% higher at $132.64. The company’s 50-day moving average is $135.30 and its 200-day moving average is $128.34. With the last close up 0.39% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. Trade Volume was down over the average, with 688,143 shares of PANW changing hands under the typical 1,669,780

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Palo Alto Networks (NYSE:PANW)

With a market cap of $0, Palo Alto Networks has 52 week low of $107.31 and a 52 week high of $165.69 .

A total of 38 brokerages have issued a ratings update on Palo Alto Networks. 18 firms rating the stock a strong buy, 22 brokers rating the stock a buy, 3 brokers rating the stock a hold, zero equity analysts rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $195.61.

General Company Details For Palo Alto Networks (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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