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Wells Fargo Says Recent Selloff In Palo Alto Networks Creates A Buying Opportunity

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PANW - Wells Fargo Says Recent Selloff In Palo Alto Networks Creates A Buying Opportunity

Shares of Palo Alto Networks Inc PANW 0.04% have fallen nearly 17 percent over the past six weeks, underperforming the broader Nasdaq Composite index, which lost only 8 percent.

The selloff has created a "compelling" entry point ahead of the company's fourth-quarter report on September 9, Gray Powell of Wells Fargo was quoted as saying in a Barron's report.

Barron's Report

The analyst noted that recent...


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