Shares of Palo Alto Networks (NASDAQ:PANW) fell more than 2% in premarket trading Wednesday after analysts at BTIG and Deutsche Bank (ETR:DBKGn) downgraded the stock. BTIG cut its Palo Alto rating from Buy to Neutral,

Fintel reports that on January 7, 2025, Guggenheim downgraded their outlook for Palo Alto Networks (NasdaqGS:PANW) from Neutral to Sell. Analyst Price Forecast Suggests 20.28% Upside As of December 23,

DiFucci highlighted that Palo Alto Networks has recorded five consecutive quarters of declining new annual recurring revenue (ARR), a critical metric for gauging business momentum.

Scotiabank lowered the firm’s price target on Palo Alto Networks (PANW) to $200 from $400 and keeps an Outperform rating on the shares following the company’s 2-for-1 share split. The firm still sees the company as one of the best long-term stories in software,

Palo Alto Networks Inc.’s stock is up 40% from its February low — but a Guggenheim analyst questions whether the cybersecurity name will be able to continue defying doubts. Guggenheim’s John DiFucci said that Palo Alto Networks shares have a history of rebounding in the face of “questionable” quarters.

It’s time to hop off the Palo Alto Networks seesaw, Guggenheim Securities says. Analysts John DiFucci and Lawrence Vensko downgraded shares of the cybersecurity stock to Sell from Neutral. They set a target of $130 for the price;