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Palo Alto Networks (PANW) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2024-07-22 22:51
Palo Alto Networks (PANW) closed at $333.16 in the latest trading session, marking a +0.69% move from the prior day. The stock's change was less than the S&P 500's daily gain of 1.08%. Elsewhere, the Dow saw an upswing of 0.32%, while the tech-heavy Nasdaq appreciated by 1.58%.Shares of the security software maker witnessed a gain of 3.3% over the previous month, beating the performance of the Computer and Technology sector with its loss of 4.77% and the S&P 500's gain of 0.43%.Analysts and investors alike ...
Palo Alto Networks (PANW) Stock Pops as CrowdStrike Outage Boosts Rivals
Investor Place· 2024-07-19 12:48
Palo Alto Networks (NASDAQ:PANW) stock is on the rise Friday as an outage caused by CrowdStrike (NASDAQ:CRWD) boosts its rivals’ shares higher this morning.It looks like an update from Crowstrike to devices running Microsoft’s (NASDAQ:MSFT) Windows is causing outages around the world. CrowdStrike is one of the major players in the cybersecurity game so this is a major blow to its shares as they fall 12.6% today.However, that loss for CRWD stock is good news for its competitors. That includes Palo Alto Netwo ...
Palo Alto Networks (PANW) Surpasses Market Returns: Some Facts Worth Knowing
ZACKS· 2024-07-15 22:50
Palo Alto Networks (PANW) closed the most recent trading day at $340.91, moving +1.31% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.28%. Elsewhere, the Dow gained 0.53%, while the tech-heavy Nasdaq added 0.4%.The security software maker's stock has climbed by 6.05% in the past month, exceeding the Computer and Technology sector's gain of 4.22% and the S&P 500's gain of 3.78%.Analysts and investors alike will be keeping a close eye on the performance o ...
Palo Alto (PANW) Is Considered a Good Investment by Brokers: Is That True?
ZACKS· 2024-07-10 14:31
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. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Palo Alto Networks (PANW) .Palo Alto currently has an average bro ...
2 No-Brainer Growth Stocks to Buy With $450 and Hold for 10 Years
The Motley Fool· 2024-07-10 09:17
The S&P 500 index is at a record high, but it isn't too late for long-term investors to buy into the stock market.If you knew there was a once-in-a-century pandemic on the horizon, you would probably expect the benchmark S&P 500 to suffer a sustained decline. But in the face of COVID-19, it actually gained 18.4% in 2020 followed by another 28.7% in 2021. Of course, U.S. government stimulus and record-low interest rates played a role.The S&P 500 then plunged 18.1% in 2022 on the back of soaring inflation and ...
Palo Alto Networks (PANW) Stock Dips While Market Gains: Key Facts
ZACKS· 2024-07-08 22:51
The latest trading session saw Palo Alto Networks (PANW) ending at $337.64, denoting a -1.3% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.1%. Elsewhere, the Dow lost 0.08%, while the tech-heavy Nasdaq added 0.28%.Heading into today, shares of the security software maker had gained 13.31% over the past month, outpacing the Computer and Technology sector's gain of 8.41% and the S&P 500's gain of 4.08% in that time.Investors will be eagerly watching fo ...
Palo Alto Networks Stock Gains AI-Powered Cybersecurity Solutions
MarketBeat· 2024-07-01 11:10
Palo Alto Networks TodayPANWPalo Alto Networks$339.01 -1.81 (-0.53%) 52-Week Range$201.17▼$380.84P/E Ratio49.27Price Target$326.29Add to WatchlistNetwork cybersecurity provider Palo Alto Networks Inc. NASDAQ: PANW stock has recovered from its fiscal Q3 2024 earnings report. While the results weren't bad, shares took a tumble on its forward guidance. However, the markets can smell a bargain when they see one, and shares have recovered to a 15% year-to-date (YTD) performance. The company integrates its propri ...
Cloud security growth opportunity being driven by app modernization: analysts
Proactiveinvestors NA· 2024-06-27 19:15
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, The ...
Here's Why Palo Alto Networks (PANW) Fell More Than Broader Market
ZACKS· 2024-06-24 22:50
In the latest market close, Palo Alto Networks (PANW) reached $316.68, with a -1.14% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.31%. Meanwhile, the Dow gained 0.67%, and the Nasdaq, a tech-heavy index, lost 1.09%.The the stock of security software maker has fallen by 0.39% in the past month, lagging the Computer and Technology sector's gain of 6.41% and the S&P 500's gain of 2.73%.Market participants will be closely following the financial results o ...
Wall Street Analysts See Palo Alto (PANW) as a Buy: Should You Invest?
ZACKS· 2024-06-21 14:31
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. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about Palo Alto Networks (PANW) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Palo Alto currently has ...