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Check Point price target lowered to $205 from $210 at Baird

Baird lowered the firm’s price target on Check Point (CHKP) to $205 from $210 and keeps a Neutral rating on the shares. The firm said Q3 was mixed, with billings missing consensus by 2 points due to European deals slippage, though product revenue grew 4%year-over-year.

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