Morgan Stanley Maintains Underweight on Check Point Software, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Hamza Fodderwala maintains an Underweight rating on Check Point Software (NASDAQ:CHKP) and raises the price target from $116 to $118.
July 27, 2023 | 3:57 pm
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Morgan Stanley maintains an Underweight rating on Check Point Software and raises the price target to $118.
While the price target for Check Point Software has been raised, the Underweight rating maintained by Morgan Stanley suggests that the firm believes the stock may underperform the market or its sector. This could potentially limit any positive impact of the increased price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100