Shares of Palo Alto Networks Inc. (PANW) Have Risen Above Previous 52-Week High

September 14, 2021 10:06:13

Palo Alto Networks Inc. (NYSE:PANW) traded today at a new 52-week high of $490.66. This new high was reached on below average trading volume as 96,000 shares traded hands, while the average 30-day volume is approximately 1.6 million shares.

Palo Alto Networks Inc. (NYSE:PANW) is currently priced 4.1% above its average consensus analyst price target of $469.83.

Palo Alto Networks Inc. share prices have moved between a 52-week high of $490.66 and a 52-week low of $219.34 and are now trading 123% above that low price at $490.14 per share.

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.

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