Palo Alto Networks (PANW) received a Hold rating and a $185 price target from Credit Suisse analyst Brad Zelnick yesterday. The company’s shares closed yesterday at $169.61.
According to TipRanks.com, Zelnick is a 4-star analyst with an average return of 6.8% and a 64.9% success rate. Zelnick covers the Technology sector, focusing on stocks such as Ceridian HCM Holding Inc, Instructure Inc, and Salesforce.com.
Currently, the analyst consensus on Palo Alto Networks is a Strong Buy with an average price target of $256.30.
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The company has a one-year high of $239.50 and a one-year low of $140.12. Currently, Palo Alto Networks has an average volume of 1.32M.
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Palo Alto Networks, Inc. engages in the provision of network security solutions to enterprises, service providers, and government entities. It specializes in network security functions which include threat protection, firewall, intrusion detection system, intrusion prevention system and uniform resource locator filtering.
