Morgan Stanley Upgrades Check Point Software to Equal-Weight, Raises Price Target to $144
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Hamza Fodderwala has upgraded Check Point Software (NASDAQ:CHKP) from Underweight to Equal-Weight and raised the price target from $118 to $144.
October 16, 2023 | 9:20 am
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Check Point Software has been upgraded by Morgan Stanley from Underweight to Equal-Weight, with a raised price target from $118 to $144.
The upgrade from Morgan Stanley is a positive signal for Check Point Software. The raised price target indicates that the analyst sees potential for the stock's price to increase, which could attract investors and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100