Palo Alto Networks pops
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Palo Alto Networks was surging Tuesday as the company’s latest earnings bolstered Wall Street’s confidence in its efforts to become the dominant cybersecurity platform. Palo Alto shares were up 6% at $186.87 in premarket trading after fourth-quarter earnings and guidanc e came in ahead of expectations.
The proposed $25 billion acquisition reflects the growing importance of identity management — and would fill a crucial gap in the Palo Alto Networks portfolio.
CyberArk Software shares are trading higher in Monday's after-hours session after Palo Alto Networks shares popped on better-than-expected earnings.
Evercore ISI analyst explains why federal spending cuts aren't a risk for Palo Alto Networks federal business.
Palo Alto Networks CEO Nikesh Arora talked about growth in security, enterprise browsers and more as adoption of cloud and AI positions the cybersecurity vendor well.
Palo Alto Networks on Wednesday said it would acquire CyberArk in a cash-and-stock cybersecurity deal that values the latter company at $25 billion.
Palo Alto Networks, Inc. (NASDAQ:PANW) is one of the Must-Watch AI Stocks on Wall Street. On August 13, Deutsche Bank upgraded the stock to “Buy” from hold and raised its price target on the stock to $220 per share from $200.
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Morgan Stanley Maintains Buy on Palo Alto (PANW) as CyberArk Deal Strengthens Growth Outlook
Palo Alto Networks Inc. (NASDAQ:PANW) is one of the best large-cap tech stocks to buy now. Morgan Stanley’s Keith Weiss reiterated his Buy rating on Palo Alto Networks on August 7, keeping a $205 price target.