Check Point Software Technology (CHKP) Tops Q1 EPS by 6c

Go back to Check Point Software Technology (CHKP) Tops Q1 EPS by 6c

BTIG Downgrades Checkpoint Software (CHKP) to Neutral

May 2, 2023 5:38 AM EDT

BTIG analyst Gary Powell downgraded Checkpoint Software (NASDAQ: CHKP) from Buy to Neutral.

The analyst comments "We are downgrading CHKP to Neutral from Buy following weaker-than-expected Q1 results. Most notably, billings came in at $485.3MM/-3.3% vs. the Street est. of $524.5MM/+4.5%. Product revenue of... More