CyberArk Software Ltd. (NASDAQ:CYBR) is one of the 10 AI Stocks Investors Should Keep an Eye On. On July 30, William Blair analyst Jonathan Ho downgraded the stock from Outperform to “Market Perform” following news that the company has agreed to be acquired by Palo Alto Networks.

Palo Alto Networks (NASDAQ:PANW) planned acquisition of CyberArk (NASDAQ:CYBR) for about $25B stands out as a transformational deal that might reshape the cybersecurity market, according to Wedbush. "We view this move as a strategic home run deal by PANW to strengthen its platformization strategy with PANW on the acquisition hunt further to build

Since 2018, Palo Alto has been transforming its strategy - moving from a hardware-centric firewall company to a full-stack, cloud-first cybersecurity platform. It is now the largest cybersecurity firm by market cap,