Wedbush Remains a Buy on Palo Alto Networks (PANW)
Wedbush analyst Daniel Ives maintained a Buy rating on Palo Alto Networks (PANW – Research Report) today and set a price target of $225.00. The company’s shares closed yesterday at $194.48.
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Ives covers the Technology sector, focusing on stocks such as Apple, Microsoft, and Palantir Technologies. According to TipRanks, Ives has an average return of 5.4% and a 52.39% success rate on recommended stocks.
In addition to Wedbush, Palo Alto Networks also received a Buy from KeyBanc’s Eric Heath in a report issued today. However, on the same day, Bank of America Securities reiterated a Hold rating on Palo Alto Networks (NASDAQ: PANW).
PANW market cap is currently $128.6B and has a P/E ratio of 109.87.
Read More on PANW:
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