Downgrade
2025-12-17
JP Morgan
RatingNeutral
FromOverweight
Target$235
From—
PANW Analyst Ratings
JP Morgan downgraded Palo Alto Networks to Neutral ($235) in December. HSBC downgraded to Reduce ($157) in November. BTIG upgraded to Buy ($248) in October. Consensus is Hold at $401 average target — platformization strategy gains traction but valuation keeps bears engaged.
ANALYST RATINGS
PANWBuy$216
Neutral$235
Downgrade
2025-12-17
Reduce$157
Downgrade
2025-11-21
Buy$248
Upgrade
2025-10-13
Buy$215
Upgrade
2025-08-19
Outperform$225
Reiterated
2025-08-19
Downgrade
2025-11-21
HSBC Securities
RatingReduce
FromHold
Target$157
From—
Upgrade
2025-10-13
BTIG Research
RatingBuy
FromNeutral
Target$248
From—
Upgrade
2025-08-19
BofA Securities
RatingBuy
FromNeutral
Target$215
From—
Reiterated
2025-08-19
BMO Capital Markets
RatingOutperform
From—
Target$225
From$217
Upgrade
2025-08-13
Deutsche Bank
RatingBuy
FromHold
Target$220
From—
Upgrade
2025-08-12
Piper Sandler
RatingOverweight
FromNeutral
Target$225
From—
Initiated
2025-05-15
Roth Capital
RatingNeutral
From—
Target$210
From—
Upgrade
2025-04-10
HSBC Securities
RatingHold
FromReduce
Target$156
From—
Initiated
2025-04-01
Stephens
RatingEqual-Weight
From—
Target$205
From—
Downgrade
2025-01-06
Guggenheim
RatingSell
FromNeutral
Target$130
From—
Downgrade
2024-11-22
HSBC Securities
RatingReduce
FromHold
Target$291
From$304
Upgrade
2024-11-21
Rosenblatt
RatingBuy
FromNeutral
Target$430
From$390
Reiterated
2024-11-21
Wells Fargo
RatingOverweight
From—
Target$450
From$416
Reiterated
2024-11-21
Susquehanna
RatingPositive
From—
Target$435
From$420