06:35 PM EDT, 07/29/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Shares of PANW are down today following a WSJ report that the company is in talks to acquire peer CyberArk Software (CYBR) in a transaction that could cost over $20 billion. CYBR has one of the most comprehensive Identity Security platforms in the market, and an acquisition, if it were to materialize, would complement PANW's offerings, adding another branch of security capabilities to the mix. We see this as a beneficial move from a product expansion standpoint as PANW is already a major player in the network, cloud, and security operations categories. For its part, CYBR has expanded its solutions into several new areas beyond its Privileged Access Management (PAM) specialization, such as machine identity and Identity Governance. At a time when organizations favor consolidation with AI-powered platform vendors, we think the acquisition will be a compelling addition for PANW, albeit a costly one. Both companies have not confirmed the report. We keep our Buy rating on PANW and maintain our target price at $207.