Stifel Reiterates Hold Rating on Checkpoint Software (CHKP)

Stifel analyst Adam Borg reiterated a Hold rating and $220.00 price target on Checkpoint Software (NASDAQ: CHKP).

The analyst commented, "We attended Check Point’s annual user conference (CPX 2025) in Las Vegas, where the company highlighted its priorities including: 1) the hybrid mesh architecture; 2) SASE, Email, and ERM growth; and 3) securing and utilizing GenAI/Agentic AI, among others. Beyond this, Check Point hosted Q&A sessions with eight members of senior management, where the focus was on the company's tightly integrated platform, the new CEO's vision/strategy, product enhancements, GTM changes, and the path towards sustainable double-digit top-line growth.Additionally, we spoke with a number of happy and loyal Check Point customers who view Check Point's security products as reliable and are interested in adopting more of the broader Infinity Platform over time.Net/net, we come away incrementally more confident in Check Point’s re-focused strategy, broadening platform, and opportunity to expand its footprint with existing customers, and look for signs that these dynamics can drive top-line acceleration towards sustainable double-digit growth."

For an analyst ratings summary and ratings history on Checkpoint Software click here. For more ratings news on Checkpoint Software click here.

Shares of Checkpoint Software closed at $220.92 yesterday.

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