Fly News Breaks for July 8, 2015
FTNT, QLYS, PANW, CHKP, SYMC, FFIV, PFPT, IMPV, UAL, ICE, CUDA, FEYE
Jul 8, 2015 | 13:35 EDT
JPMorgan noted that cybersecurity stocks were moving higher in reaction to the technical issues today at United (UAL) and the NYSE (ICE), despite the fact that officials have said the two are unrelated and there are no signs of cyber attacks. The firm said that increased focus on data breaches and cyber attacks would likely benefit the whole group, while reiterating that FireEye (FEYE) is its favorite name in security and that it also likes Barracuda Networks (CUDA).
News For FEYE;CUDA;ICE;UAL;IMPV;PFPT;FFIV;SYMC;CHKP;PANW;QLYS;FTNT From the Last 2 Days
CHKP
Mar 18, 2024 | 05:47 EDT
TD Cowen raised the firm's price target on Check Point to $205 from $180 and keeps an Outperform rating on the shares. The firm says Check Point is its 2024 Europe best idea. The company's cloud delivered, artificial intelligence powered, platform approach and recent go-to-market investments should sustain consistent, profitable growth and strong cash flow, the analyst tells investors in a research note. TD believes the company benefits from a hostile threat environment, rising regulation, remote work, and vendor consolidation. Check Point is the firm's favorite value-oriented, cybersecurity name.