Check Point price target lowered to $175 from $190 at Cantor Fitzgerald

Cantor Fitzgerald lowered the firm’s price target on Check Point (CHKP) to $175 from $190 and keeps a Neutral rating on the shares. The outlook into Q1 earnings remains constructive, supported by long-term growth drivers such as Infinity adoption, SASE expansion, and rising M&A activity, the analyst tells investors in a research note. While channel feedback is mixed in the near term, subscription revenue is expected to meet or slightly exceed expectations, with the key catalyst likely coming from updated full-year guidance or stronger commentary on SASE momentum rather than a significant near-term beat, the firm says.