It’s been a crucial week for Check Point Software Technologies Ltd. (NASDAQ:CHKP); here’s what analysts have to say.

July 27, 2018 - By Jack Shaw

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

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

Among 16 analysts covering Check Point (NASDAQ:CHKP), 2 have Buy rating, 0 Sell and 14 Hold. Therefore 13% are positive. Check Point has $124.0 highest and $9500 lowest target. $109.23’s average target is -6.38% below currents $116.67 stock price. Check Point had 20 analyst reports since January 31, 2018 according to SRatingsIntel. On Thursday, April 26 the stock rating was maintained by JP Morgan with “Neutral”. As per Thursday, April 26, the company rating was maintained by Macquarie Research. The rating was maintained by Stifel Nicolaus on Thursday, July 26 with “Hold”. Credit Suisse maintained it with “Neutral” rating and $100 target in Thursday, April 26 report. Credit Suisse maintained it with “Neutral” rating and $105 target in Thursday, July 26 report. Jefferies maintained it with “Buy” rating and $124.0 target in Wednesday, January 31 report. The stock has “Hold” rating by Wells Fargo on Thursday, February 1. The firm has “Hold” rating given on Wednesday, January 31 by Cowen & Co. The firm earned “Equal-Weight” rating on Thursday, July 26 by Morgan Stanley. The company was maintained on Wednesday, January 31 by Piper Jaffray. Below is a list of Check Point Software Technologies Ltd. (NASDAQ:CHKP) latest ratings and price target changes.

26/07/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $100 New Target: $105 Maintain
26/07/2018 Broker: UBS Old Rating: Neutral New Rating: Neutral Old Target: $106 New Target: $114 Maintain
26/07/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $102 New Target: $116 Maintain
26/07/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $95 New Target: $112 Maintain
10/07/2018 Broker: BTIG Research Old Rating: Neutral New Rating: Buy Upgrade
09/05/2018 Broker: Argus Research Old Rating: Buy New Rating: Hold Old Target: $124 Downgrade
25/04/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $95.0000 Maintain
26/04/2018 Broker: Macquarie Research Old Rating: Neutral New Rating: Neutral Old Target: $102 New Target: $99 Maintain
26/04/2018 Broker: UBS Old Rating: Neutral New Rating: Neutral Old Target: $110 New Target: $106 Maintain
26/04/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $105 New Target: $100 Maintain

The stock decreased 0.12% or $0.14 during the last trading session, reaching $116.67. About 2.45M shares traded or 97.95% up from the average. Check Point Software Technologies Ltd. (NASDAQ:CHKP) has declined 12.87% since July 27, 2017 and is downtrending. It has underperformed by 25.44% 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 $18.23 billion. The firm offers a portfolio of network security, endpoint security, data security, and management solutions. It has a 23.79 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: 247Wallst.com which released: “Short Sellers Hike Their Bets in Cybersecurity Stocks” on July 25, 2018, also Streetinsider.com with their article: “Checkpoint Software (CHKP) PT Raised to $130 at Oppenheimer” published on July 25, 2018, Streetinsider.com published: “Checkpoint Software (CHKP) PT Raised to $120 at Oppenheimer” on July 24, 2018. More interesting news about Check Point Software Technologies Ltd. (NASDAQ:CHKP) were released by: Streetinsider.com and their article: “Checkpoint Software (CHKP) PT Raised to $120 at JPMorgan” published on July 25, 2018 as well as Seekingalpha.com‘s news article titled: “Check Point Software: Valuation Metrics Are Off, Downside Risks Ahead” with publication date: July 16, 2018.

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

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