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Palo Alto Networks (NYSE:PANW) target upped to $170.00, issued a ratings update earlier today by BMO Capital Markets

Having a price of $150.05, Palo Alto Networks (NYSE:PANW) traded -1.44% lower on the day. With the last close up 10.75% from the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the same time period. The company has recorded a 50-day moving average of $145.34 and a 200-day moving average of $132.42. 1,517,296 shares of the stock traded hands, up from an average trading volume of 1,332,940

Reporting a potential upside of 0.13%, BMO Capital Markets upped the price target of Palo Alto Networks (NYSE:PANW) to $170.00

See Chart Below

Palo Alto Networks (NYSE:PANW)

Palo Alto Networks has a 52 week low of $107.31 and a 52 week high of $165.69 The company’s market cap is currently $0.

A total of 38 brokerages have released a report on Palo Alto Networks. Eighteen brokers rating the stock a strong buy, 22 brokers rating the stock a buy, 3 brokers rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $195.61.

General Information About 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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