Palo Alto Networks beat and raise fails to wow Wall Street. But that plays into our hand

Nikesh Arora, Chairman and CEO of Palo Alto Networks, speaking at the TEC Summit on October 29, 2019 in New York City.

Astrid Stawiarz | CNBC

Don’t sweat the drop in Palo Alto Networks stock, which came despite a solid beat and raise after Wednesday’s closing bell.