The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Holding on to PANW stock makes sense, as the company is likely to continue benefiting from the growing need for advanced cybersecurity solutions.
Palo Alto Networks (PANW) closed at $332.13 in the latest trading session, marking a +0.86% move from the prior day.
Recently, Zacks.com users have been paying close attention to Palo Alto (PANW). This makes it worthwhile to examine what the stock has in store.
In the closing of the recent trading day, Palo Alto Networks (PANW) stood at $338.73, denoting a -0.52% change from the preceding trading day.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Shares of Palo Alto Networks have risen a decent 17% so far in 2024 (though they lag the S&P 500's 19% rise).
Palo Alto (PANW) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Palo Alto NASDAQ: PANW stock action still has a hurdle to cross at the all-time high, but it should be crossed soon because of a significant shift in the analysts' sentiment.
Palo Alto Networks, Inc. (NASDAQ:PANW ) Goldman Sachs Communacopia & Technology Conference September 9, 2024 1:10 PM ET Company Participants Nikesh Arora - CEO Conference Call Participants Gabriela Borges - Goldman Sachs Gabriela Borges All right. We will go ahead and kick it off.
The world is rapidly shifting to the cloud, with businesses migrating critical data and operations to virtual environments. This shift, while transformative, has brought a wave of new security challenges.
Zacks.com users have recently been watching Palo Alto (PANW) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.