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Check Point price target raised to $140 from $133 at BMO Capital

BMO Capital analyst Keith Bachman raised the firm’s price target on Check Point to $140 from $133 and keeps a Market Perform rating on the shares. The company’s Q2 results were “mixed” as billings and product revenues missed consensus expectations, though sequential growth in billings was “good” and operating margins were “solid”, the analyst tells investors in a research note.

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