Mizuho Maintains Neutral on Check Point Software, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz has maintained a Neutral rating on Check Point Software (NASDAQ:CHKP) and increased the price target from $135 to $140.

December 15, 2023 | 1:53 pm
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POSITIVE IMPACT
Mizuho has maintained a Neutral rating on Check Point Software but raised the price target from $135 to $140, indicating a potential upside from the previous target.
The increase in price target by Mizuho suggests a positive outlook on the stock's value, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst does not see significant momentum or changes in the company's fundamentals to warrant a more bullish stance.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100