Analyst Shrenik Kothari of Robert W. Baird maintained a Buy rating on Check Point, retaining the price target of $255.00.
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Shrenik Kothari’s rating is based on several positive indicators for Check Point Software Technologies. The company is expected to benefit from stronger second-half seasonality and a solid pipeline, which includes traction in their Infinity and SASE offerings. The visibility into the pipeline, combined with international market tailwinds and prudent guidance that accounts for potential economic frictions, presents a favorable risk/reward scenario.
Additionally, Check Point’s valuation is attractive compared to its peers, and the company’s go-to-market execution is improving, particularly with Infinity upsell and SASE attach strategies. The potential for competitive displacements and multi-quarter hardware refresh momentum further supports the growth outlook. Overall, these factors contribute to a constructive view for the second half of the year, justifying the Buy rating.
According to TipRanks, Kothari is a top 100 analyst with an average return of 26.1% and a 75.21% success rate. Kothari covers the Technology sector, focusing on stocks such as Okta, Check Point, and Palo Alto Networks.
In another report released yesterday, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $255.00 price target.