Palo Alto Networks (NYSE:PANW) stock price target reduced to $170.00, issued a research note today by RBC Capital Markets
- Updated: November 27, 2016
Having a price of $140.70, Palo Alto Networks (NYSE:PANW) traded 1.30% higher on the day. With the last stock price up 0.85% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. PANW has recorded a 50-day average of $152.25 and a two hundred day average of $140.32. Trade Volume was down over the average, with 1,027,239 shares of PANW changing hands under the typical 1,744,870
In a statement issued on Tuesday November 22, 2016 RBC Capital Markets dropped the price target of Palo Alto Networks (NYSE:PANW) from $175.00 to $170.00 reporting a potential upside of 0.21%.
On 2/26/2016, Topeka Capital Markets released a statement about Palo Alto Networks (NYSE:PANW) dropped the target price from $225.00 to $195.00 that suggested an upside of 0.33%.
Recent Performance Chart
Palo Alto Networks has with a one year low of $111.09 and a one year high of $194.73 and has a market capitalization of $0.
A total of 38 analysts have released a research note on Palo Alto Networks. 18 firms rating the stock a strong buy, 22 brokerages rating the stock a buy, 3 brokerages rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers 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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