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,

Over the last three days, three investment bank analysts have downgraded Palo Alto stock. Growth rate worries are key to their concerns. Another concern: Palo Alto stock is very expensive. Each successive downgrade has cost Palo Alto stock a few more points of market capitalization.

Cybersecurity company Palo Alto Networks, Inc.’s ($PANW) stock fell over 3% by mid-session on Wednesday after two analysts downgraded the stock, citing a muted forward outlook. BTIG and Deutsche Bank analysts gave up their bullish stance on Palo Alto Networks stock and stepped to the sidelines,