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Fly News Breaks for April 18, 2017
CHKP
Apr 18, 2017 | 07:49 EDT
As previously reported, Morgan Stanley upgraded Check Point to Equal Weight from Underweight with a $107 price target. Analyst Keith Weiss said his recent reseller survey indicates Check Point is maintaining its base, while new subscriptions add to revenue growth. Weiss said margins remain under pressure but stability reduces risk to consensus expectations.
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 26, 2024 | 07:38 EDT
CHKP
Apr 26, 2024 | 06:01 EDT
CHKP
Apr 26, 2024 | 05:07 EDT
CHKP
Apr 25, 2024 | 08:53 EDT
Sees Q2 revenue $607M-637M, consensus $623.27M. Comments taken from Q1 earnings conference call.
