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,

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;