Wedbush analyst Daniel Ives lowered his price target for Palo Alto Networks to $140 from $275 after the company reported weak Q2 results that missed on the top line due to the lingering sales incentive issues causing weaker product revenue and ultimately led to the company to lower its fiscal year 2020 guidance, which "will clearly" weigh on shares. While there was upside to margins and billings beat expectations, the focus of the Street will be squarely on the execution issues that led to the significant top line miss, he contends. Ives maintains an Outperform rating on the shares.