Palo Alto Networks shares fall following Citi price target hike to $440
PANW Palo Alto Networks Inc
$346.95 +1.45%
View chart & analysis → - 1On Friday, October 16, Palo Alto Networks shares fell 7.63% to close at $342.00.
- 2Citi maintained its buy rating and raised its price target for Palo Alto Networks to $440.
- 3This represents an 18.55% decline from the October 6 closing high of $419.91.
So what's the key point?
Citi expected Palo Alto Networks shares to rise, but the stock price fell 7.63%. The price went down despite expert predictions, which may be confusing for investors.
Source TIKR · View original ↗
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