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Actionable news in PANW: PALO ALTO NETWORKS INC,

Morgan Stanley Bullish on Palo Alto Networks Inc (PANW) Ahead of FQ4:16 Despite Bearish Consensus View

Palo Alto Networks Inc (NYSE:PANW) enters its fiscal fourth-quarter “against very low expectations,” in the eyes of Morgan Stanley analyst Keith Weiss. Yet, even following a mixed and disappointing earnings season for security as well as a mixed fiscal third-quarter, Weiss is not left sounding the alarm on Santa Clara’s security giant with the rest of consensus.

On the contrary, Weiss assesses the risk-reward as PANW approaches its FQ4 print and determines it to skew strongly to the upside. Weiss predicts FQ4 fundamentals have every reason to remain “healthy.” Furthermore, the analyst predicts the driving catalyst in the company’s favor lies with stabilization in product revenue...