Wedbush Maintains Outperform on Check Point Software, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Daniel Ives maintains an Outperform rating on Check Point Software and raises the price target from $200 to $230.
October 09, 2024 | 1:36 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wedbush analyst Daniel Ives has increased the price target for Check Point Software from $200 to $230 while maintaining an Outperform rating. This suggests a positive outlook for the company's stock.
The increase in price target from $200 to $230 by a reputable analyst suggests confidence in Check Point Software's future performance. The Outperform rating indicates that the stock is expected to do better than the market average, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100