Deutsche Bank Maintains Hold on Check Point Software, Raises Price Target to $185
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Brad Zelnick maintains a Hold rating on Check Point Software (NASDAQ:CHKP) and raises the price target from $175 to $185.
July 25, 2024 | 4:30 pm
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Deutsche Bank has maintained its Hold rating on Check Point Software and increased the price target from $175 to $185, indicating a positive outlook but not enough to warrant a Buy rating.
The increase in the price target from $175 to $185 suggests a positive outlook for Check Point Software. However, the Hold rating indicates that the analyst does not see enough upside potential to recommend a Buy. This could lead to a modest positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100