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Fly News Breaks for January 4, 2016
CHKP
Jan 4, 2016 | 07:13 EDT
Wells Fargo analyst Gray Powell downgraded Check Point Software to Market Perform saying he sees limited room for multiple expansion given his concerns that consensus billings growth and operating income estimates for 2016 are too aggressive. The analyst lowered his price target range for the shares to $86-$89 from $95-$97.
News For CHKP 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.