Fly News Breaks for January 19, 2017
CHKP
Jan 19, 2017 | 14:58 EDT
As previously reported, JPMorgan analyst Sterling Auty upgraded Check Point to Overweight from Neutral and raised his price target on the stock to $115 from $91 following the company's Q4 earnings report. With the tough year of 2016 behind, software blade revenue is accelerating, and the company's tone is generally more positive, which should "motivate the market to re-rate shares," the analyst tells investors.
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