Why Palo Alto Networks Stock Dropped on Wednesday
Palo Alto(PANW) The Motley Fool·2025-01-08 19:45
Palo Alto Networks (PANW -2.71%) investors just cannot catch a break. Over the past three days, this cybersecurity stock has been downgraded by three separate investment bank analysts, beginning with Guggenheim cutting the stock to sell on Monday, followed up by Deutsche Bank cutting the stock to hold on Tuesday, and (hopefully?) ending with a downgrade to neutral by BTIG this morning.Each successive downgrade has cost Palo Alto stock a few more points of market capitalization. Today, the stock fell 4% to a ...