Are Analysts Bearish Check Point Software Technologies Ltd. (NASDAQ:CHKP) After Last Week?

November 14, 2017 - By Vivian Park

 Are Analysts Bearish Check Point Software Technologies Ltd. (NASDAQ:CHKP) After Last Week?

Check Point Software Technologies Ltd. (NASDAQ:CHKP) Ratings Coverage

Among 31 analysts covering Check Point Software Technologies Ltd. (NASDAQ:CHKP), 6 have Buy rating, 1 Sell and 24 Hold. Therefore 19% are positive. Check Point Software Technologies Ltd. had 67 analyst reports since September 10, 2015 according to SRatingsIntel. As per Wednesday, June 28, the company rating was maintained by Oppenheimer. The company was maintained on Friday, August 25 by Piper Jaffray. The rating was maintained by Jefferies on Tuesday, May 30 with “Buy”. The firm has “Hold” rating by Stifel Nicolaus given on Monday, July 17. The firm has “Hold” rating by BTIG Research given on Wednesday, November 1. RBC Capital Markets maintained Check Point Software Technologies Ltd. (NASDAQ:CHKP) on Sunday, September 10 with “Hold” rating. UBS maintained the stock with “Neutral” rating in Thursday, April 21 report. Guggenheim initiated Check Point Software Technologies Ltd. (NASDAQ:CHKP) on Thursday, September 15 with “Neutral” rating. BMO Capital Markets maintained it with “Hold” rating and $115.0 target in Thursday, August 31 report. The rating was maintained by Evercore with “Hold” on Thursday, July 20. Below is a list of Check Point Software Technologies Ltd. (NASDAQ:CHKP) latest ratings and price target changes.

01/11/2017 Broker: UBS Rating: Neutral Old Target: $108 New Target: $110 Maintain
01/11/2017 Broker: Barclays Capital Rating: Equal-Weight Old Target: $110 New Target: $106 Maintain
01/11/2017 Broker: Credit Suisse Rating: Hold New Target: $105.0 Maintain
01/11/2017 Broker: JP Morgan Rating: Neutral Old Target: $123 New Target: $121 Maintain
01/11/2017 Broker: Stephens Rating: Hold New Target: $110.0 Downgrade
01/11/2017 Broker: BTIG Research Rating: Hold Downgrade
01/11/2017 Broker: Cowen & Co Rating: Hold New Target: $112.0 Downgrade
01/11/2017 Broker: Northland Capital Rating: Hold New Target: $120.0 Maintain
19/10/2017 Broker: Jefferies Rating: Buy New Target: $126.0 Maintain
06/10/2017 Broker: Piper Jaffray Rating: Hold New Target: $108.0 Maintain

The stock decreased 0.39% or $0.4 during the last trading session, reaching $102.4. About 2.19M shares traded or 63.43% up from the average. Check Point Software Technologies Ltd. (NASDAQ:CHKP) has risen 31.64% since November 14, 2016 and is uptrending. It has outperformed by 14.94% the S&P500.

Check Point Software Technologies Ltd. develops, markets and supports a range of services and products for information technology (IT) security. The company has market cap of $17.00 billion. The Company’s services and products are sold to enterprises, service providers, small and medium sized businesses and consumers. It has a 21.9 P/E ratio. It offers enterprises a platform to deploy independent, modular and interoperable security applications (Software Blades), such as firewall, virtual private network (VPN), intrusion prevention system (IPS), Application Control, Anti-Bot, antivirus, data loss prevention (DLP), policy management, event analysis or multi-domain management.

More notable recent Check Point Software Technologies Ltd. (NASDAQ:CHKP) news were published by: Globes.Co.Il which released: “Check Point crashes on disappointing guidance” on November 02, 2017, also Nasdaq.com with their article: “RSI Alert: Check Point Software Technologies Now Oversold” published on November 01, 2017, Nasdaq.com published: “Check Point Software Technologies Ltd Reveals 11% Rise In Q3 Earnings” on October 31, 2017. More interesting news about Check Point Software Technologies Ltd. (NASDAQ:CHKP) were released by: Seekingalpha.com and their article: “Check Point Software Technologies (CHKP) Q3 2017 Results – Earnings Call …” published on November 01, 2017 as well as Globenewswire.com‘s news article titled: “Check Point Software Technologies Reports 2017 Third Quarter Financial Results” with publication date: October 31, 2017.

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