JPMorgan raised the firm’s price target on Check Point (CHKP) to $210 from $180 and keeps a Neutral rating on the shares ahead of the Q3 report. The firm is looking for confirmation of meaningful fundamental improvement before moving to a more constructive view. However, it thinks the incoming CEO, a shift to higher growth businesses, a new quantum product cycle, and easier compares could be tailwinds “that finally support better growth.”
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Read More on CHKP:
- CHKP Upcoming Earnings Report: What to Expect?
- Check Point price target raised to $238 from $200 at BMO Capital
- Check Point price target raised to $220 from $200 at Truist
- Check Point price target raised to $210 from $200 at Baird
- Check Point price target raised to $205 from $178 at Mizuho
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