Checkpoint Software (CHKP) PT Lowered to $130 at UBS

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Go back to Checkpoint Software (CHKP) PT Lowered to $130 at UBS

BTIG sees slowing growth in Check Point Software Technology subscription revenue

May 2, 2023 2:27 PM EDT

Check Point Software Technology (NASDAQ: CHKP) was cut to Neutral from Buy at BTIG in a note Tuesday following its "soft Q1 print," with analyst Gray Powell telling investors that refresh delays drive weak visibility.

"Most notably, billings came in at... More