Breaking Finance News

Zacks Investment Research upgraded Check Point Software Technologies Ltd. (NASDAQ:CHKP) to Hold in a statement released earlier today.

Yesterday Check Point Software Technologies Ltd. (NASDAQ:CHKP) traded 0.68% lower at $75.40. Check Point Software Technologies Ltd.’s 50-day moving average is $76.29 and its two hundred day average is $81.54. The last stock close is down 8.02% relative to the two hundred day average, compared with the S&P 500 which has fallen -0.01% over the same time period. Volume of trade was was down over the average, with 1,399,529 shares of CHKP changing hands under the typical 1,699,660 shares..

Zacks Investment Research has upgraded Check Point Software Technologies Ltd.(NASDAQ:CHKP) to Hold in a statement released 8/22/2016.

Performance Chart:

Check Point Software Technologies Ltd. (NASDAQ:CHKP)

In addition to Zacks Investment Research reporting it’s target price, a total of 24 firms have reported on the stock. The consensus target stock price is $87.46 with eight firms rating the stock a strong buy, 10 firms rating the stock a buy, 11 analysts rating the stock a hold, three analysts rating the company to underperform, and lastly one analyst rating the company as sell.

Check Point Software Technologies Ltd. has a PE of 19 with a one-year low of $71.64 and a one-year high of $89.98 and has a market cap of $0.0.

Brief Synopsis On Check Point Software Technologies Ltd. (NASDAQ:CHKP)

Check Point Software Technologies Ltd. (Check point) develops, markets and supports a range of products and services for information technology (IT) security. The Company’s products and services are sold to enterprises, service providers, small and medium sized businesses and consumers. 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. The Company offers Software Blades grouped into functional packages to address specific security issues. It has product offerings under these packages, which include Next Generation Firewall, Next Generation Threat Prevention, and Next Generation Secure Web Gateway and Next Generation Data Protection.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.