Do Analysts Expect Palo Alto Networks Inc (PANW) Stock to Rise After It Is Higher By 5.86% in a Month?

InvestorsObserver is giving Palo Alto Networks Inc (PANW) an Analyst Rating Rank of 64, meaning PANW is ranked higher by analysts than 64% of stocks. The average price target for PANW is $548.6 and analyst’s rate the stock as a Strong Buy.

Wall Street analysts are rating PANW a Strong Buy today. Find out what this means to you and get the rest of the rankings on PANW!

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Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Palo Alto Networks Inc Stock Today?

Palo Alto Networks Inc (PANW) stock is trading at $503.84 as of 1:27 PM on Friday, Oct 22, a loss of -$4.22, or -0.83% from the previous closing price of $508.06. The stock has traded between $499.19 and $513.87 so far today. Volume today is low. So far 664,944 shares have traded compared to average volume of 1,207,332 shares. Click Here to get the full Stock Report for Palo Alto Networks Inc stock.