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Palo Alto Stock Pops As Analysts Say Strong Growth, CyberArk Deal Could Power Next Leg Higher
Palo Alto Networks (NASDAQ:PANW) shares are trading higher after the company beat fourth-quarter estimates and issued strong guidance. Following the earnings release, several Wall Street analysts reiterated their positive outlook on the stock.
Since 2018, Palo Alto has been transforming its strategy - moving from a hardware-centric firewall company to a full-stack, ...
The deal could see Palo Alto Networks spending $20 billion, or $405 per share, to buy Israel-based CyberArk, the report said. A CyberArk spokesperson declined to remark on the report, ...
The cybersecurity firm said its “platformization” strategy is beginning to pay dividends as more large customers consolidate ...
Palo Alto Networks is making what could be its biggest bet yet by agreeing to buy Israeli identity security company CyberArk for around $25 billion. The companies announced they had reached ...
For each of their shares, CyberArk shareholders will get $45 in cash and 2.2005 shares of Palo Alto Networks common stock. Making Identity Security a Core Pillar of Palo Alto’s ...
Palo Alto Networks CEO Nikesh Arora talked about growth in security, enterprise browsers and more as adoption of cloud and AI ...
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