In a report released today, Eric Heath from KeyBanc reiterated a Buy rating on Palo Alto Networks (PANW – Research Report). The company’s shares closed yesterday at $323.77.
Heath covers the Technology sector, focusing on stocks such as Palo Alto Networks, Fortinet, and MongoDB. According to TipRanks, Heath has an average return of 21.7% and an 85.71% success rate on recommended stocks.
Palo Alto Networks has an analyst consensus of Strong Buy, with a price target consensus of $343.30, representing a 6.03% upside. In a report released today, Barclays also maintained a Buy rating on the stock with a $325.00 price target.
PANW market cap is currently $104.6B and has a P/E ratio of 47.10.
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Palo Alto Networks (PANW) Company Description:
California-based Palo Alto Networks, Inc., founded in 2005, is a global cybersecurity leader. The company provides network security solutions to enterprises, service providers, and government entities.
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- Palo Alto Networks Reports Earnings: Did it Beat Estimate Forecasts?
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