BMO Capital analyst Keith Bachman raised the firm’s price target on Check Point (CHKP) to $240 from $215 and keeps an Outperform rating on the shares. The company reported billings growth of 20% y/y, or about 15% y/y adjusting for pulled-in/early deals, which is its highest billings growth rate in over a decade, the analyst tells investors in a research note. BMO is more encouraged that Check Point’s go-to-market changes and broadening portfolio can drive improved FY26 growth, the firm added.
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