Analyst Coverage

FirmAnalyst
Arete ResearchPatrick Colville
Argus ResearchJoseph Bonner
BarclaysSaket Kalia
BernsteinPierre  Ferragu
BMO Capital MarketsKeith Bachman
BofA Merrill LynchTal Liani
BTIGJoel  Fishbein
CitiWalter Pritchard
Cleveland ResearchBen Bollin
Cowen and Co.Gregg Moskowitz
DA Davidson & CompanyJack Andrews
Daiwa Capital Markets AmericaYoko Yamada
Deutsche Bank ResearchKarl Keirstead
Dougherty & Co.Catharine Trebnick
Evercore ISIKen Talanian
FBN SecuritiesShebly Seyrafi
First Analysis SecuritiesHoward Smith
Gabelli & Co.Hendi Susanto
Goldman SachsGabriela  Borges
Imperial CapitalMichael Kim
JefferiesJohn DiFucci
JG CapitalJeff Gaggin
JMP SecuritiesErik Suppiger
JPMorganSterling Auty
Macquarie Capital (USA) Inc.Sarah Hindlian
Maxim GroupNehal  Chokshi
Morgan StanleyKeith Weiss
MorningstarIlya Kundozerov
Oppenheimer & Co.Shaul Eyal
Pacific Crest SecuritiesRob Owens
Piper JaffrayAndrew Nowinski
Raymond JamesMichael Turits
RBC Capital MarketsMatt Hedberg
Robert W. Baird & Co.Jayson Noland
Rosenblatt SecuritiesMarshall  Senk
Stephens Inc.Jonathan Ruykhaver
Stifel Nicolaus & Co.Gur Talpaz
Summit Redstone PartnersSrini Nandury
UBSFatima Boolani
Wells Fargo SecuritiesPhilip Winslow
William Blair & Co.Jonathan Ho
Wunderlich SecuritiesBill Choi
Palo Alto Networks, Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding Palo Alto Networks, Inc.'s performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Palo Alto Networks, Inc. or its management. Palo Alto Networks, Inc. does not by its reference above or distribution imply its endorsement of or concurrence with such information, conclusions or recommendations.