Scotiabank analyst Patrick Colville reiterated a Buy rating on Check Point (CHKP – Research Report) today and set a price target of $145.00. The company’s shares opened today at $135.27.
Colville covers the Technology sector, focusing on stocks such as Fortinet, Palo Alto Networks, and Zscaler. According to TipRanks, Colville has an average return of -8.3% and a 46.15% success rate on recommended stocks.
Check Point has an analyst consensus of Moderate Buy, with a price target consensus of $141.50.
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CHKP market cap is currently $16.36B and has a P/E ratio of 19.51.
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Check Point (CHKP) Company Description:
Check Point Software Technologies Ltd. engages in the development and market of software and hardware solutions for information technology security. The company products include threat prevention, next generation firewalls, mobile security, and security management. Its solutions cater to the following: point of sale systems, automated teller machines, private and public cloud, and telecommunications providers. The company was founded by Gil Shwed, Marius Nacht, and Shlomo Kramer in July 1993 and is headquartered in Tel Aviv, Israel.
Read More on CHKP:
- Wayfair upgraded, JD.com downgraded: Wall Street’s top analyst calls
- Check Point launches Check Point Horizon Playblocks
- Check Point Launches Horizon Playblocks: the Security Collaboration Platform that Eliminates Security Siloes and Stops Attacks from Spreading
- Check Point upgraded to Equal Weight from Underweight at Morgan Stanley
- Cybersecurity Stocks Mostly Down after Fortinet (NASDAQ:FTNT) Downgrade
