Palo Alto Posted Solid 4Q Results; Sales Re-org Appears to Be Working; Maintaining $120 FVE
Palo Alto finished its fiscal 2017 on an upbeat note as its go-to-market realignment efforts are paying off indicated by a higher customer acquisition rate. The company is actively building out its cloud-based security platform with features and functionalities focused on gathering as much security data as possible, which is in line with a general industry trend that puts the onus on the total amount of cyber security information received from a network of end-points, partners and customers. Pal...Palo Alto Networks provides a platform that allows enterprises, service providers, and government entities to secure their organizations. The company's platform uses a traffic classification engine that identifies network traffic by application, user, and content and provides security across the network, endpoint, and cloud. The company's product, subscription, and support offerings include: firewall appliances and software; and Panorama, which is a centralized security management solution for global control of various firewall appliances and software deployed on an end-customer's network as well as in their instances in public or private cloud environments as a virtual appliance or a physical appliance.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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