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Fly News Breaks for January 13, 2016
CYBR, CHKP
Jan 13, 2016 | 07:30 EDT
JPMorgan analyst Sterling Auty says Check Point's (CHKP) potential acquisition of CyberArk (CYBR) would make sense. Both companies are Israeli and Check Point could utilize its $3.6B in cash, Auty tells investors in a research note after Israeli publication Haaretz reported that Check Point is in early talks to acquire CyberArk.
News For CHKP;CYBR From the Last 2 Days
CHKP
Apr 26, 2024 | 08:09 EDT
Stifel analyst Adam Borg lowered the firm's price target on Check Point to $165 from $170 and keeps a Hold rating on the shares following what the firm calls "a solid print." Q2 guidance brackets consensus while FY24 guidance is reaffirmed, added the analyst, who believes Check Point has a number of drivers to sustain mid-to-high single-digit top-line growth, but also thinks valuation largely reflects this.
CHKP
Apr 25, 2024 | 08:53 EDT
Sees Q2 revenue $607M-637M, consensus $623.27M. Comments taken from Q1 earnings conference call.