Stephens upgraded Check Point (CHKP) to Overweight from Equal Weight with a price target of $240, up from $225, citing an increasing probability of growth acceleration materializing over the course of 2026 and what the firm views as an attractive risk/reward set up. In 2026, the firm expects cybersecurity to remain a durable growth area, supported by a stable and resilient demand environment, the analyst added.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CHKP:
- AVGO, PANW, FTNT: Cybersecurity Stocks Hit as China Cracks Down on U.S., Israeli Software
- Palo Alto, Fortinet among software companies banned in China, Reuters says
- Citi cuts Check Point target, opens ‘downside 90-day catalyst watch’
- Check Point price target lowered to $220 from $235 at Barclays
- Check Point price target lowered to $240 from $260 at Piper Sandler