B of A Securities Downgrades Check Point Software to Neutral, Lowers Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has downgraded Check Point Software from Buy to Neutral and lowered its price target from $205 to $195.

October 30, 2024 | 12:09 pm
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NEGATIVE IMPACT
B of A Securities downgraded Check Point Software from Buy to Neutral, reducing the price target from $205 to $195.
The downgrade from Buy to Neutral by a major analyst like B of A Securities typically indicates a less optimistic outlook on the stock, which can lead to a negative short-term impact on the stock price. The reduction in the price target further supports this sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100