The planned $500 million acquisition of IBM’s QRadar SaaS business by cybersecurity giant Palo Alto Networks is expected to close later this year, bringing big changes for partners and customers.

Palo Alto Networks unveiled its plans to acquire the software-as-a-service assets associated with IBM’s QRadar business, including QRadar’s intellectual property for a price tag of $500 million.

Stifel analysts increased their price target on IBM (NYSE:IBM) shares to $271 from the previous $246, while maintaining a "Buy" rating. The revision follows IBM's recent financial performance report, ...

IBM stock rises 8% after reporting strong Q4 earnings and unveiling AI strategy. Analysts optimistic about future growth, with raised price targets.