Check Point price target lowered to $210 from $240 at BMO Capital

BMO Capital lowered the firm’s price target on Check Point (CHKP) to $210 from $240 and keeps an Outperform rating on the shares. The company reported a disappointing quarter, though its FY26 revenue guide of 6% y/y at the midpoint is in line with consensus, inclusive of pricing benefits, the analyst tells investors in a research note. The management is guiding to accelerating subscription revenue growth through FY26 however, which helps create a better foundation for durable growth longer-term, BMO adds.