Guggenheim Reiterates 'Neutral' Rating on Palo Alto Networks

Analysts say cybersecurity firm's stock performance remains steady despite market volatility.

Published on Feb. 21, 2026

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Palo Alto Networks (NASDAQ:PANW), a leading cybersecurity company, had its 'neutral' rating reaffirmed by stock analysts at Guggenheim in a research note on Wednesday. The analysts cited the company's consistent performance despite broader market fluctuations as the reason for maintaining the neutral rating on the stock.

Why it matters

Palo Alto Networks is a major player in the cybersecurity industry, providing a range of products and services to protect enterprise networks, clouds, and endpoints. The company's stock performance is closely watched by investors as an indicator of the overall health and outlook for the cybersecurity market.

The details

In their research note, the Guggenheim analysts noted that a number of other firms have also weighed in on Palo Alto Networks recently. DA Davidson set a $190 price target on the stock, while BMO Capital Markets decreased their target from $230 to $200. Westpark Capital reiterated a 'hold' rating, and Wolfe Research boosted their price objective from $225 to $250 and maintained an 'outperform' rating.

  • Guggenheim issued its research note on Wednesday, February 18, 2026.

The players

Palo Alto Networks

A leading cybersecurity company that provides a broad suite of security products and services to protect enterprise networks, clouds, and endpoints.

Guggenheim

A financial services firm that provides investment banking, asset management, and capital markets services.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Palo Alto Networks' steady stock performance despite broader market volatility underscores the company's strong position in the cybersecurity industry. While analysts maintain a neutral rating, the firm's diverse product portfolio and focus on protecting enterprise networks continue to make it an attractive investment option for many.