Analysts Remain Bullish On Palo Alto Networks
TipRanks | Apr 01, 2015 08:58AM ET
Palo Alto Networks Inc (NYSE:PANW) unveiled two innovations just before their hallmark two-day Ignite conference in Las Vegas. The corporate and government cyber security company announced that they will be expanding mobile cyber security measures and threat intelligence services.
On March 31, Palo Alto Networks announced an expanded partnership with VMware Inc (NYSE:VMW), a high-tech company that focuses on virtualization software and cloud infrastructure. Now, the two companies will tackle mobile security, expanding upon their existing partnership to develop security services across physical and cloud environments. Since people often take sensitive work home with them from the office, Palo Alto and VMware are introducing new security measures that protect users on all devices. Mobile security will give people flexibility by allowing them to work from personal devices while providing malware detection, network protection, and network security.
Separately on March 31, Palo Alto Networks unveiled an AutoFocus cyber threat intelligence service that will anticipate cyber hacks before they occur. The service will be available this month to a limited set of existing customers. The AutoFocus service offers priority alerts on attacks from a threat research team, context for each attack, and incorporates fidelity threat intelligence.
According to TipRanks is Strong Buy.
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