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,

Each successive downgrade has cost Palo Alto stock a few more points of market capitalization. Today, the stock fell 4% to about $168.50 as of 12:40 p.m. ET.

Guggenheim’s John DiFucci said that Palo Alto Networks shares have a history of rebounding in the face of “questionable” quarters. “We understand investors’ confidence t

CrowdStrike (NASDAQ: CRWD) and Palo Alto Networks (NASDAQ: PANW). The former was involved in a highly publicized outage, while the latter made a radical change to its business strategy. Both stocks ended 2024 with solid returns,