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The IBD Computer Software-Security group ranks No. 68 out of 197 industry groups. Bank of America forecasts that cloud application security will boom.
Palo Alto Networks (PANW) concluded the recent trading session at $316.68, signifying a -1.14% move from its prior day's close.
The average brokerage recommendation (ABR) for Palo Alto (PANW) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?