Palo Alto Networks Shares Fall About 2%; Citi Raises Target to $440
Palo Alto Networks traded at $367.44, down approximately 2.1% around 11:15 a.m. ET on October 15. Stocktwits reported that Citi raised its price target to $440 from $410 and maintained its rating.
Palo Alto Networks, the enterprise and AI-security provider NASDAQ:PANW, traded at $367.44, down approximately 2.1%, around 11:15 a.m. ET on October 15. Buyers still faced a demanding valuation despite the pullback. According to Stocktwits, Citi raised its price target to $440 from $410 and maintai…