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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Palo Alto Networks Downgraded On Strategic Concerns Post CyberArk Deal; Stocks Slide Over 5%

Palo,Alto,Networks,Logo,And,Sign,At,Silicon,Valley,Headquarters

Palo Alto Networks, Inc. (NASDAQ:PANW) shares fell over 5% on Thursday following concerns about strategic risks tied to its acquisition of CyberArk Software Ltd. (NASDAQ:CYBR).

The deal raises questions around integration challenges, limited synergy with core offerings, and potential pricing pressure in Palo Alto's existing portfolio.

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