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Palo Alto Networks (PANW) Looks Good: Stock Jumps 7.4%

Palo Alto Networks, Inc. ( PANW ) was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $155.01 to $175.77 in the past one-month time frame.

None of the estimates for this communications components stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Palo Alto Networks currently carries a Zacks Rank #3 (Hold).

A better-ranked stock in the same industry is TESSCO Technologies Inc. ( TESS ), sporting a Zacks Rank #1 (Strong Buy).

Is PANW going up? Or down? Predict to see what others think: Up or Down

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PALO ALTO NETWK (PANW): Free Stock Analysis Report

TESSCO TECH INC (TESS): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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