Palo Alto Networks Inc (NYSE:PANW), the next-generation security company, and the New York Stock Exchange (NYSE), a wholly-owned subsidiary of Intercontinental Exchange (NYSE:ICE), today announced the publication of a new book, “Navigating the Digital Age: The Definitive Cybersecurity Guide for Directors and Officers” to provide boards, executives and officers at enterprises, government agencies and other organizations with practical, expert advice on how to best protect them from cyberattacks.
Collecting the expertise and experience of CEOs, CISOs, lawyers, forensic experts, consultants, academia, and current and former government officials, this anthology is intended for those new to the cybersecurity topic, as well as seasoned leaders in the field. It contains practical and expert advice on a range of cybersecurity issues, including compliance and breach avoidance, prevention and response.
- “No issue today has created more concern within corporate C-suites and boardrooms than cybersecurity. We believe that exemplary corporate governance is fundamental to the health of individual companies, as well our capital markets, which is why NYSE Governance Services is dedicated to offering solutions in compliance, governance and risk management.”
– Tom Farley, president, New York Stock Exchange
- “We live in the digital age and cybersecurity attacks are eroding the trust that is so important for it to work. As a result, our lifestyle and productivity that we take for granted is increasingly at risk. Thoughtful government and business leaders recognize the importance of this issue, not only for their organizations, but society as well, and are keen to have a better understanding of the issues and solutions. We believe that education is a key element of the path forward and are proud to have partnered with the NYSE to produce this book, which will help leaders understand the landscape, ask the right questions, assist in fulfilling their fiduciary duties, and challenge status quo thinking about today’s cyberthreat landscape.”
– Mark McLaughlin, chairman, president and CEO, Palo Alto Networks
There are more than 35 contributors to the book, including:
- Michael Chertoff, former secretary of Homeland Security
- Adam Sodowick, president, NYSE Governance Services
- Charlie Scharf, CEO of VISA
- Mark McLaughlin, CEO of Palo Alto Networks
Additional organizations that provided insights for the book include the World Economic Forum (WEF), the U.S. Department of Justice (DoJ), the Georgia Institute of Technology, Wells Fargo, Booz Allen Hamilton and Baker & McKenzie. (Original Source)
Shares of Palo Alto Networks closed last Friday at $171.88. PANW has a 1-year high of $200.55 and a 1-year low of $87.83. The stock’s 50-day moving average is $172.61 and its 200-day moving average is $168.24.
On the ratings front, PANW has been the subject of a number of recent research reports. In a report issued on October 9, Deutsche Bank analyst Karl Keirstead maintained a Buy rating on PANW, with a price target of $210, which represents a potential upside of 22.2% from where the stock is currently trading. Separately, on October 5, BMO’s Joel Fishbein reiterated a Buy rating on the stock and has a price target of $210.
According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Karl Keirstead and Joel Fishbein have a total average return of 6.5% and 16.2% respectively. Keirstead has a success rate of 56.9% and is ranked #647 out of 3775 analysts, while Fishbein has a success rate of 67.6% and is ranked #373.
Overall, one research analyst has assigned a Hold rating and 16 research analysts have given a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $202.27 which is 17.7% above where the stock closed last Friday.
Palo Alto Networks Inc offers an enterprise network security platform that allows enterprises, service providers, and government entities to secure their networks and safely enable applications running on their networks.