Palo Alto Networks to Benefit From Strong Business Health, Quality Leadership, Deutsche Bank Says

MT Newswires Live
Aug 13

Palo Alto Networks (PANW) has strong business health, quality leadership, and forward prospects regarding its acquisition of CyberArk Software (CYBR), Deutsche Bank said in a note Wednesday.

The company agreed to acquire CyberArk in a $25 billion deal, in which CyberArk shareholders will receive $45 in cash and 2.2005 shares of Palo Alto Networks per share. The transaction is expected to be immediately accretive to revenue growth and gross margin, with closing anticipated in the second half of fiscal 2026.

The brokerage said that investor concerns regarding the stock are overblown, and that the company's core business is "humming along nicely."

The firm said its recently conducted cybersecurity survey results point to a strong Q4 for the company after a tricky macro environment in Q3.

Deutsche Bank raised the stock's price target to $220 and upgraded the stock's rating to buy.

Shares of Palo Alto Networks were up 1.3% in recent Wednesday trading.

Price: 177.74, Change: +2.34, Percent Change: +1.33

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