Can analysts adopt a bullish outlook for Check Point Software Technologies Ltd. (NASDAQ:CHKP)?

Check Point Software Technologies Ltd. (NASDAQ:CHKP) Logo

Check Point Software Technologies Ltd. (NASDAQ:CHKP) Ratings Coverage

Among 6 analysts covering Check Point (NASDAQ:CHKP), 1 have Buy rating, 0 Sell and 5 Hold. Therefore 17% are positive. Check Point has $145 highest and $105 lowest target. $125.33’s average target is 16.43% above currents $107.64 stock price. Check Point had 8 analyst reports since February 20, 2019 according to SRatingsIntel. Oppenheimer maintained the stock with “Outperform” rating in Monday, April 15 report. The stock of Check Point Software Technologies Ltd. (NASDAQ:CHKP) has “Equal-Weight” rating given on Friday, April 12 by Barclays Capital. The firm has “Hold” rating by Evercore given on Wednesday, February 20. The company was initiated on Tuesday, March 26 by Mizuho. As per Monday, April 15, the company rating was maintained by Deutsche Bank. Below is a list of Check Point Software Technologies Ltd. (NASDAQ:CHKP) latest ratings and price target changes.

23/05/2019 Broker: Cowen & Co Rating: Market Perform New Target: $120.0000 Initiates Coverage On
19/04/2019 Broker: BidaskScore Rating: Hold Downgrade
15/04/2019 Broker: Oppenheimer Old Rating: Outperform New Rating: Outperform Old Target: $130 New Target: $145 Maintain
15/04/2019 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $110 New Target: $125 Maintain
12/04/2019 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $120 New Target: $135 Maintain
12/04/2019 Broker: OTR Global Old Rating: Mixed New Rating: Positive Upgrade
26/03/2019 Broker: Mizuho Rating: Hold New Target: $122 Initiate
20/02/2019 Broker: Evercore Rating: Hold New Target: $105 Maintain

The stock increased 0.12% or $0.13 during the last trading session, reaching $107.64. About 657,441 shares traded. Check Point Software Technologies Ltd. (NASDAQ:CHKP) has declined 1.40% since August 15, 2018 and is downtrending. It has underperformed by 1.40% the S&P500.

Check Point Software Technologies Ltd. provides hardware and software services and products for IT security worldwide. The company has market cap of $16.26 billion. The firm offers a portfolio of network security, endpoint security, data security, and management solutions. It has a 21.04 P/E ratio. It provides security gateways to protect the networks and prevent the threats of enterprises, data centers, and small and large branch offices; security gateway appliances, including platforms for small business and small office locations, high end and high demanding data centers, and perimeter environments; and security management software, which offers security management through a single console that streamlines security activities and provides visibility into policy administration and threat analysis.

More notable recent Check Point Software Technologies Ltd. (NASDAQ:CHKP) news were published by: Nasdaq.com which released: “Check Point Software (CHKP) Beats Q2 Earnings and Revenue Estimates – Nasdaq” on July 24, 2019, also Nasdaq.com with their article: “Check Point (CHKP) to Post Q2 Earnings: What’s in Store? – Nasdaq” published on July 19, 2019, Globenewswire.com published: “Check Point Software to Acquire Dome9 to Transform Cloud Security – GlobeNewswire” on October 24, 2018. More interesting news about Check Point Software Technologies Ltd. (NASDAQ:CHKP) were released by: Globenewswire.com and their article: “Check Point Research Launches CPR-Zero Nasdaq:CHKP – GlobeNewswire” published on June 19, 2019 as well as Seekingalpha.com‘s news article titled: “Cybersecurity names move after CHKP earnings – Seeking Alpha” with publication date: July 24, 2019.

Check Point Software Technologies Ltd. (NASDAQ:CHKP) Ratings Chart

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