Shares of Palo Alto Networks Inc. (NYSE:PANW) traded today at $516.96, eclipsing its 52-week high. So far today approximately 451,000 shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.
Palo Alto Networks is a pure-play cybersecurity vendor that sells security appliances, subscriptions, and support to enterprises, government entities, and service providers. The company’s product portfolio includes firewall appliances, virtual firewalls, endpoint protection, cloud security, and cybersecurity analytics. The Santa Clara, California, firm was established in 2005 and sells its products worldwide.
In the past 52 weeks, shares of Palo Alto Networks Inc. have traded between a low of $219.34 and a high of $516.96 and is now at $510.63, which is 133% above that low price.
Palo Alto Networks Inc. (NYSE:PANW) has potential upside of 0.9% based on a current price of $510.63 and analysts’ consensus price target of $515.41.
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