Morgan Stanley analyst Keith Weiss raised the firm’s price target on Check Point (CHKP) to $212 from $193 and keeps an Equal Weight rating on the shares after the company reported “solid” Q3 results. Q3 billings came in well above expectations and the firm sees signs of revitalized growth, but the pace and sustainability of change remains unclear, the analyst tells investors.
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Read More on CHKP:
- Check Point price target raised to $225 from $215 at Mizuho
- Check Point price target raised to $240 from $215 at BMO Capital
- Check Point price target raised to $215 from $210 at UBS
- Balanced Outlook on Check Point Software: Strong Billings Growth Amid Caution on Revenue and Valuation
- Check Point price target raised to $235 from $220 at Barclays
