Check Point price target lowered to $160 from $215 at Roth Capital

Roth Capital lowered the firm’s price target on Check Point (CHKP) to $160 from $215 and keeps a Neutral rating on the shares. The company missed most of its metrics ranging from revenues, billings, product revenues, operating margins and operating cash flow, also announcing that its CRO is stepping down while promoting its President of International Operations to the CRO role, the analyst tells investors in a research note.