Despite recent setbacks for Palo Alto Networks (NASDAQ:PANW), Wedbush analyst Dan Ives remains optimistic about the company’s future, suggesting brighter days ahead in a recent tweet.
What Happened: Ives reaffirmed his confidence in Palo Alto Networks on Tuesday by reposting a clip from last week’s Last Call episode. This follows a significant 28% drop in the company’s shares.
“As we discussed on @LastCallCNBC last week with @SullyCNBC, despite many on the Street throwing in the towel on PANW this was not the time to go negative…it's a reset with brighter days ahead,” Ives stated in his tweet.
As we discussed on @LastCallCNBC last week with @SullyCNBC despite many on the Street throwing in the towel on PANW this was not the time to go negative…it's a reset with brighter days ahead with cyber security a top priority being led by @nikesharora 🔥🏆🐂 https://t.co/WCizCITBPP — Dan Ives (@DivesTech) February ...