Palo Alto Networks - Cybersecurity Specialist Benefits from Rising Corporate Spending, CyberArk Acquisition Should Further Drive Growth!

Business Driver: Palo Alto (PANW) is one of the leading players in the field of cybersecurity solutions, with its three core business areas Strata (Zero Trust), Prisma Cloud (cloud security), and Cortex (automated threat detection) strongly positioned across all key sectors. With the acquisition of CyberArk, Palo Alto Networks aims to further accelerate its platform strategy and expects significant synergies from this move. On August 19, Palo Alto Networks surprised with very strong Q4 results. The adjusted EPS rose by 25% to $0.95 per share...