Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) was upgraded by investment analysts at Baird R W from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.
A number of other equities research analysts have also weighed in on the company. Royal Bank of Canada reiterated a “sector perform” rating and issued a $215.00 price objective on shares of Check Point Software Technologies in a research report on Thursday. JPMorgan Chase & Co. upgraded Check Point Software Technologies from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $221.00 to $255.00 in a research report on Wednesday. UBS Group lifted their price objective on Check Point Software Technologies from $200.00 to $230.00 and gave the stock a “neutral” rating in a research report on Friday, January 31st. Piper Sandler lifted their price objective on Check Point Software Technologies from $185.00 to $195.00 and gave the stock a “neutral” rating in a research report on Monday, January 6th. Finally, Truist Financial reiterated a “buy” rating and issued a $250.00 price objective (up from $220.00) on shares of Check Point Software Technologies in a research report on Friday, January 31st. Eighteen equities research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $221.91.
Get Our Latest Analysis on Check Point Software Technologies
Check Point Software Technologies Stock Performance
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Nemes Rush Group LLC purchased a new position in Check Point Software Technologies during the fourth quarter valued at $25,000. FSA Wealth Management LLC bought a new stake in shares of Check Point Software Technologies in the 3rd quarter worth $27,000. Capital A Wealth Management LLC bought a new stake in shares of Check Point Software Technologies in the 4th quarter worth $29,000. GAMMA Investing LLC increased its holdings in shares of Check Point Software Technologies by 53.1% in the 4th quarter. GAMMA Investing LLC now owns 173 shares of the technology company’s stock worth $32,000 after purchasing an additional 60 shares in the last quarter. Finally, Golden State Wealth Management LLC bought a new stake in shares of Check Point Software Technologies in the 4th quarter worth $35,000. Hedge funds and other institutional investors own 98.51% of the company’s stock.
Check Point Software Technologies Company Profile
Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.
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