Palo Alto Networks - The Invisible Barrier

The United States has seen an increase in cybersecurity incidents and attacks especially in government agencies on the local and federal levels. As a result, the federal government has increased its cybersecurity budget and contract obligations.Virtually every federal government agency has an increasing demand for cybersecurity services ranging from the Department of Defense to the Department of Labour. PANW is poised to reap the benefits from the increase in federal investment by winning seven government contracts over the summer The ever-evolving cyber attacks continue to occur and everybody is a target. Palo Alto offers a wide range of cybersecurity services from a physical to a subscription model. The new "Next-gen firewalls" are also in high demand as they are embedded with machine learning to protect against future attacks. Some Catalysts: Expanse Acquisition The recent acquisition of Expanse will prove to be a positive catalyst for Palo Alto Expanse is a leader in “ Attack Surface Management” which allows customers to scan the entire internet for threats and publicly exposed servers. Announcement of Bridgecrew acquisition Bridgecrew is a pioneer in “shift left” security This acquisition will allow Palo Alto to increase their clientele to include 70% of Fortune 100 companies

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mantra02

Jun 16, 2021

31.73%

Change % Since Posting

363.50

Price When Posted

115.34

Change Since Posting

PANW

Palo Alto Networks Inc

478.84

-7.20
-1.48%
Current Price

Palo Alto Networks - The Invisible Barrier

bullish

The United States has seen an increase in cybersecurity incidents and attacks especially in government agencies on the local and federal levels. As a result, the federal government has increased its cybersecurity budget and contract obligations.Virtually every federal government agency has an increasing demand for cybersecurity services ranging from the Department of Defense to the Department of Labour. PANW is poised to reap the benefits from the increase in federal investment by winning seven government contracts over the summer

The ever-evolving cyber attacks continue to occur and everybody is a target. Palo Alto offers a wide range of cybersecurity services from a physical to a subscription model. The new "Next-gen firewalls" are also in high demand as they are embedded with machine learning to protect against future attacks.

 

Some Catalysts:

  • Expanse Acquisition
  • The recent acquisition of Expanse will prove to be a positive catalyst for Palo Alto
  • Expanse is a leader in “ Attack Surface Management” which allows customers to scan the entire internet for threats and publicly exposed servers.

 

  • Announcement of Bridgecrew acquisition
  • Bridgecrew is a pioneer in “shift left” security
  • This acquisition will allow Palo Alto to increase their clientele to include 70% of Fortune 100 companies
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read-time
1 min

400.00

Target Price

10/ 10

Confidence

6-12 Months

Timeframe
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