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Fly News Breaks for January 5, 2018
FTNT, CHKP, PANW
Jan 5, 2018 | 11:57 EDT
Northland analyst Robert Breza named Palo Alto Networks (PANW) a 2018 top pick, noting that the company is now the largest firewall vendor with a comprehensive security platform that includes endpoint protection. He also pointed out that its revenue growth is "significantly faster" than peers Check Point (CHKP) and Fortinet (FTNT) while its valuation is attractive given the discount to the group. Breza has an Outperform rating and $175 price target on Palo Alto shares.
News For PANW;CHKP;FTNT 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.
