RBC Capital Maintains Sector Perform on Check Point Software, Raises Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains a Sector Perform rating on Check Point Software (CHKP) and raises the price target from $159 to $165.
February 07, 2024 | 4:58 pm
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RBC Capital maintains a Sector Perform rating on Check Point Software and raises the price target from $159 to $165.
The increase in price target by RBC Capital suggests a positive outlook on Check Point Software's stock, potentially leading to a short-term increase in its stock price. The Sector Perform rating indicates that the analyst views the company as adequately valued but sees some positive aspects that could drive the stock price up to the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100