Check Point Software Technologies (CHKP) Tops Q1 EPS by 4c
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April 21, 2015 7:57 AM EDT
Argus upgraded Checkpoint Software (NASDAQ: CHKP) from Hold to Buy with a price target of $103.00.
The upgrade comes following high single-digit revenue growth in 1Q15 and EPS above the high end of managements guidance range. Despite strong stock performance, the analyst... More
April 21, 2015 6:15 AM EDT
Needham & Company analyst Scott Zeller reiterated a Buy rating and raised his price target on Checkpoint Software (NASDAQ: CHKP) to $100.00 (from $85.00) on strong March quarter.
Zeller commented, "The Check Point performance in MarQ was strong, beating on both revenue and earnings. The... More
April 20, 2015 3:19 PM EDT
FBR Capital analyst Daniel Ives reiterated an Outperform rating and boosted his price target on Checkpoint Software (NASDAQ: CHKP) to $95.00 (from $93.00) following solid March results.
Ives commented, "This morning, Check Point (CHKP) delivered another solid quarter, with March headline results beating the Street on both the top and bottom lines on the heels of a strong deferred performance. The company posted solid top-line growth (9% year over year) with good traction across all geographies (Asia in particular), given strong cybersecurity tailwinds and a healthy product cycle in its back pocket.... More
