Tag Archives: upgrading

We’re upgrading our rating on Palo Alto as shares tumble on its $25 billion CyberArk acquisition

We’re upgrading our rating on Palo Alto as shares tumble on its  billion CyberArk acquisition

Wall Street is punishing Palo Alto Networks over its planned $25 billion acquisition of CyberArk . Jim Cramer believes investors who step into the sell-off will likely be rewarded down the road. Shares of Palo Alto were down nearly 6% after the cybersecurity company officially announced the acquisition. A day earlier, The Wall Street Journal reported the two firms were …

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