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PALO ALTO NETWORKS, INC.

(PANW)
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GTT Partners With Palo Alto Networks to Power Its SASE Platform

11/30/2021 | 08:00am EST

GTT Communications, Inc. announced a managed security service partnership with Palo Alto Networks, the global cybersecurity leader, to power its new SASE platform that will enhance the security, efficiency and control functionality of enterprise networks. The partnership will leverage networking and security capabilities of the two companies to fortify the security of network access and use of cloud applications from any location and any device as enterprises adapt their networks to the more dynamic requirements of a hybrid workforce. IDC estimates that 53% of workers are planning to continue to work remotely or adopt a hybrid home-office arrangement as a result of the pandemic. The new GTT SASE platform, which utilizes Palo Alto Networks Prisma? Access, will deploy a comprehensive set of security features into a single cloud-delivered platform that protects all application traffic, providing seamless connectivity to GTT?s global Tier 1 network for the best possible application performance and user experience for customers. The integrated networking and security functions reduce complexity, increase centralized control and efficiency, improve network performance and latency, and enable businesses to adopt a zero-trust network access approach that mitigates security vulnerabilities that can result from a work-from-anywhere model. With the new GTT SASE platform, users will gain access to the network based on their identity, device and application ? rather than the IP address or physical location ? enabling seamless and secure networking between users, private and public clouds, and the enterprise data center.


ę S&P Capital IQ 2021
All news about PALO ALTO NETWORKS, INC.
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01/12Palo Alto Networks Joins Microsoft 365 Networking Partner Program
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01/06Wells Fargo Starts Palo Alto Networks at Overweight With $700 Price Target
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01/04INSIDER SELL : Palo Alto Networks
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01/04Palo Alto Networks Appoints Helmut Reisinger to the Position of CEO for Europe, the Mid..
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01/03Technology Stocks May Rise 20% in 2022 as Chip Shortages Ease in First Half, Wedbush Sa..
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2021PALO ALTO NETWORKS, INC.(NASDAQGS : PANW) added to NASDAQ-100 Index
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Analyst Recommendations on PALO ALTO NETWORKS, INC.
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Financials (USD)
Sales 2022 5 388 M - -
Net income 2022 -343 M - -
Net cash 2022 1 278 M - -
P/E ratio 2022 -146x
Yield 2022 -
Capitalization 51 274 M 51 274 M -
EV / Sales 2022 9,28x
EV / Sales 2023 7,38x
Nbr of Employees 11 098
Free-Float 98,0%
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Mean consensus BUY
Number of Analysts 38
Last Close Price 519,67 $
Average target price 619,72 $
Spread / Average Target 19,3%
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Managers and Directors
Nikesh Arora Chairman & Chief Executive Officer
William D. Jenkins President
Dipak Golechha Senior Vice President-Finance
Nir Zuk Director, Chief Technology Officer & Executive VP
Asheem Chandna Independent Director
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