JP Morgan Maintains Neutral on Check Point Software, Raises Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex has maintained a Neutral rating on Check Point Software (NASDAQ:CHKP) and increased the price target from $135 to $150.
December 11, 2023 | 3:56 pm
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JP Morgan has maintained a Neutral rating on Check Point Software but raised the price target from $135 to $150, indicating a potential upside from the previous target.
The increase in price target by JP Morgan suggests a positive outlook on the stock's potential performance, which could lead to increased investor interest and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst does not see significant momentum beyond the revised target in the near term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100