Scotiabank analyst Patrick Colville raised the firm’s price target on Check Point (CHKP) to $215 from $200 and keeps an Outperform rating on the shares. After a healthy FY24 where U.S. software equities performed well, the firm feels bullish in 2025 about the software sector, the analyst tells investors. The firm’s forensic analysis points to software earnings surprises and estimate revisions.
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Read More on CHKP:
- CyberArk price target raised to $400 from $355 at KeyBanc
- Check Point price target raised to $190 from $185 at Citi
- Check Point initiated with a Neutral at Cantor Fitzgerald
- Check Point price target raised to $195 from $185 at Piper Sandler
- Check Point downgraded to Neutral from Buy at Goldman Sachs