UBS Maintains Neutral on Check Point Software, Raises Price Target to $170
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Roger Boyd has maintained a Neutral rating on Check Point Software (NASDAQ:CHKP) and increased the price target from $140 to $170.
January 10, 2024 | 1:33 pm
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UBS has maintained a Neutral rating on Check Point Software but raised the price target from $140 to $170, indicating a positive outlook on the stock's value.
The increase in price target by UBS suggests an improved valuation of Check Point Software, which could lead to increased investor interest and a potential rise in the stock price in the short term. However, the Neutral rating indicates that the analyst does not see significant momentum beyond the revised target, tempering the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100