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Fly News Breaks for April 2, 2018
CHKP
Apr 2, 2018 | 09:40 EDT
Cleveland Research analyst Ben Bollin said Check Point partner feedback indicates cautious demand trends quarter-to-date. As a result, Bollin has reduced his FY18 revenue growth rate to +4.5% from +5%, versus consensus of +5.1%. The analyst rates Check Point a Neutral.
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.