Guggenheim analyst John DiFucci downgraded Palo Alto Networks to Neutral from Buy with no price target. While stating that his call on the software sector "hasn’t really changed" since he launched coverage in August, he believes "numbers still have to come down for many" in the group.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on PANW:
- Cantor Fitzgerald software analysts to hold an analyst/industry conference call
- Jefferies software/Internet analyst to hold analyst/industry conference call
- Palo Alto Networks price target lowered to $220 from $268 at Morgan Stanley
- White House to unveil cybersecurity strategy, Washington Post reports
- Palo Alto Networks price target lowered to $220 from $230 at Piper Sandler