Jefferies lowered the firm’s price target on Check Point (CHKP) to $200 from $235 and keeps a Buy rating on the shares. Subscription revenue surprised to the upside driven by emerging portfolio/price increase, but product revenue disappointed due to accounting reallocation from subscription price increase, the analyst tells investors in a research note.
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Read More on CHKP:
- Check Point price target lowered to $260 from $285 at TD Cowen
- Check Point Posts Strong 2025 Results and Accelerates AI Security Push With New Acquisitions
- Check Point sees 2026 tax rate 16%-17%
- Check Point sees Q1 adjusted EPS $2.35-$2.45, consensus $2.37
- Check Point sees FY26 adjusted EPS $10.05-$10.85, consensus $10.48