Goldman Sachs Sticks to Its Hold Rating for Check Point (CHKP)
In a report released yesterday, from Goldman Sachs maintained a Hold rating on Check Point. The company’s shares closed today at $165.02.
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The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Check Point with a $202.53 average price target, implying a 22.73% upside from current levels. In a report released today, TipRanks – OpenAI also downgraded the stock to a Hold with a $188.00 price target.
Based on Check Point’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $744.9 million and a net profit of $304.5 million. In comparison, last year the company earned a revenue of $703.7 million and had a net profit of $257.5 million
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- Check Point price target lowered to $190 from $200 at Citi
- Check Point price target lowered to $186 from $195 at RBC Capital
- Check Point price target lowered to $220 from $245 at Baird
- Check Point price target lowered to $180 from $195 at Scotiabank
- Check Point price target lowered to $185 from $215 at UBS
