Palo Alto Networks' Cybersecurity Growth Outlook Disappoints -- Here's What You Need

[admin]

Palo Alto Networks (NASDAQ: PANW) just gave the latest indication that the economy is slowing. Much like its large cybersecurity peer Fortinet (NASDAQ: FTNT), more modest growth is on the way for Palo Alto as customers look to save some cash amid ongoing global concerns, from war to higher interest rates. A few weeks ago, Fortinet disappointed investors with another lackluster report that indicated growth is slowing.