Palo Alto Networks' Deferred Growth Concerns Are Myopic
PANWPalo Alto(PANW) Seeking Alpha·2024-07-26 20:24

Sundry Photography Investment Thesis CrowdStrike's (CRWD) uneventful outage last week led to nightmarish digital lockdowns last week, which have distorted the constantly evolving, compelling outlook for the cybersecurity industry, where leading players such as Zscaler (ZS), Cloudflare (NET), and Palo Alto Networks (NASDAQ:PANW) operate at different intersections of the cybersecurity market. Earlier this year, Palo Alto Networks advised investors that it would be anticipating a slowdown in its billings guida ...