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New OT Security Solutions from Palo Alto Networks Address Growing Cybersecurity Threats to Industrial Operations
Prnewswire· 2024-10-21 12:15
Powered by Precision AI, new capabilities protect OT remote operations, mitigate risk for critical OT assets and extend security into harsh industrial environmentsSANTA CLARA, Calif., Oct. 21, 2024 /PRNewswire/ -- The convergence of IT and operational technology (OT) and the digital transformation of OT have created new opportunities for innovation and efficiency in critical Industrial Automation and Control Systems. However, these advancements also broaden the potential attack surface, making it even more ...
Palo Alto Networks (PANW) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-10-16 22:51
Palo Alto Networks (PANW) ended the recent trading session at $373.23, demonstrating a -0.32% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.47% for the day. At the same time, the Dow added 0.79%, and the tech-heavy Nasdaq gained 0.28%.Shares of the security software maker have appreciated by 10.8% over the course of the past month, outperforming the Computer and Technology sector's gain of 3.88% and the S&P 500's gain of 3.48%.The investment ...
Are You Looking for a Top Momentum Pick? Why Palo Alto Networks (PANW) is a Great Choice
ZACKS· 2024-10-16 17:05
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
Palo Alto Networks To Rally Around 14%? Here Are 10 Top Analyst Forecasts For Friday
Benzinga· 2024-10-11 13:04
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying PANW stock? Here’s what analysts think: Read Next: ...
Palo Alto Networks (PANW) Ascends While Market Falls: Some Facts to Note
ZACKS· 2024-10-10 22:51
Palo Alto Networks (PANW) closed the latest trading day at $369.40, indicating a +1.8% change from the previous session's end. This move outpaced the S&P 500's daily loss of 0.21%. Elsewhere, the Dow lost 0.14%, while the tech-heavy Nasdaq lost 0.05%.Prior to today's trading, shares of the security software maker had gained 6.17% over the past month. This has lagged the Computer and Technology sector's gain of 9.62% and outpaced the S&P 500's gain of 5.94% in that time.The investment community will be payin ...
Cybersecurity Boom Benefits Palo Alto Networks
Gurufocus· 2024-10-08 18:46
The cybersecurity industry is growing rapidly as cyberattacks are increasing in number with more complexity of IT environments. This trend may benefit the companies' stocks as you may see here below:As cybersecurity attacks arise and cause data breach and financial loss, many companies started to guard themselves with cybersecurity software. Palo Alto Networks (PANW, Financial) , which stands as a market leader with the biggest share in the industry, saw its stock rise from $50s in 2019 to $300s in 2024. In ...
Brokers Suggest Investing in Palo Alto (PANW): Read This Before Placing a Bet
ZACKS· 2024-10-08 14:30
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Palo Alto Networks (PANW) .Palo Alto currently has an average bro ...
Palo Alto Up 27% in 6 Months: Should You Buy, Sell or Hold the Stock?
ZACKS· 2024-10-07 14:25
Palo Alto Networks, Inc. (PANW) has enjoyed a stellar rise of 27.4% over the past six months, significantly outpacing the Zacks Computer and Technology sector, which climbed 11.1%, and the S&P 500's more modest 10.8% gain. While this performance is impressive, it also raises questions: Should investors continue holding on to the stock, buy more or consider selling?PANW stock has also exceeded its competitors, Juniper Networks, Inc. (JNPR) and Check Point Software Technologies Ltd. (CHKP) , which have gained ...
Palo Alto Networks and Deloitte Expand Strategic Alliance Globally to Drive Platformization
Prnewswire· 2024-10-01 12:15
Providing clients with integrated AI-powered cybersecurity solutions and insights to help enhance security posture, drive operational efficiencies, and address complex challengesNEW YORK and SANTA CLARA, Calif., Oct. 1, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW) and Deloitte today announced an expansion of their strategic alliance into EMEA and JAPAC regions, making Palo Alto Networks® AI-powered cybersecurity solutions and joint offerings available to Deloitte clients globally. The new agreemen ...
Palo Alto Networks (PANW) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2024-09-26 22:50
In the latest trading session, Palo Alto Networks (PANW) closed at $338.73, marking a -0.52% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.4%. On the other hand, the Dow registered a gain of 0.62%, and the technology-centric Nasdaq increased by 0.6%.Shares of the security software maker have depreciated by 2.83% over the course of the past month, underperforming the Computer and Technology sector's gain of 0.91% and the S&P 500's gain of 1.71%.Analysts and inv ...