Palo Alto Networks' (NASDAQ: PANW) stock price may look a bit cheaper than it used to. That's because it recently underwent a 2-for-1 stock split that dropped the stock from around $400 per share to $200 per share as of Dec.

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.

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,

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,