Check Point price target lowered to $135 from $210 at BMO Capital

BMO Capital lowered the firm’s price target on Check Point (CHKP) to $135 from $210 and keeps an Outperform rating on the shares. The company’s Q1 earnings report was disappointing on most demand-related metrics, and given the questions on the implied revenue build for the second half of FY26, Check Point will likely remain in the penalty box until progress is made toward improving growth which as of yet remains elusive, the analyst tells investors in a research note.