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Fly News Breaks for April 26, 2018
CHKP
Apr 26, 2018 | 08:59 EDT
BMO Capital analyst Keith Bachman lowered his price target on Check Point to $108, saying the company's latest quarter "exacerbated concerns about decelerating subscription growth". Bachman keeps his Market Perform rating, adding that it will be "difficult" for the company to realize multiple expansion as subscription revenue decelerates while calling for more evidence of improvement in sales productivity before considering a more constructive stance.
News For CHKP From the Last 2 Days
CHKP
Apr 25, 2024 | 08:53 EDT
Sees Q2 revenue $607M-637M, consensus $623.27M. Comments taken from Q1 earnings conference call.