Minnesota took its biggest lead at 18 points on Andrei Kirilenko's three-point play at the 4:49 mark of the second quarter, but the Hawks went on a 35-17 run that ended on rookie Mike Scott's dunk to force a 69-all tie at the 3:18 of the third.
Korver added 14 points, Anthony Tolliver 11 and Josh Smith 10 for Atlanta. Scott set career highs with 11 points, seven rebounds and 22 minutes.
Kirilenko and Dante Cunningham each scored 13 points, and Greg Stiemsma added 11 for the Timberwolves.
Minnesota was without forward Kevin Love (hand), center Nikola Pekovic (thigh) and guard Alexey Shved (ankle). Cunningham was a game-time decision because he had the flu.
"We can't afford to lose anybody else," Derrick Williams said. "There are people playing with injuries. Like I've been saying all year, the third quarter has been killing us and it did tonight again. As long as we pick it up in that quarter I think we can win more games."
The Hawks outscored Minnesota 60-38 in the second half, shooting 23 for 31 from the field.
Interim Timberwolves coach Terry Porter thought Pargo showed a lot of moxie in not hesitating to shoot.
"He hit some big 3s, there's no doubt about it," Porter said. "He was in a good rhythm. He caused havoc defensively."
NOTES: Porter, filling in while Rick Adelman cares for his sick wife, dropped to 2-6 since taking over. ... Atlanta tied a season high by shooting 57.7 percent from the field. ... The Timberwolves have dropped five straight on the road and are 6-15 away from home. .... Eight of Atlanta's 22 turnovers came in the first 9 minutes of the first quarter.