Wells Fargo Maintains Equal-Weight on Check Point Software, Raises Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Nowinski has maintained an Equal-Weight rating on Check Point Software (NASDAQ:CHKP) and increased the price target from $132 to $162.
January 29, 2024 | 3:05 pm
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Wells Fargo analyst has reaffirmed Check Point Software's Equal-Weight rating but raised the price target from $132 to $162, indicating a positive outlook on the stock's value.
The increase in price target by a reputable analyst like Andrew Nowinski suggests a positive reassessment of Check Point Software's value, which could lead to increased investor confidence and a potential short-term rise in the stock price.
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IMPORTANCE 75
RELEVANCE 100