Wedbush analyst Daniel Ives praises outgoing CEO Gil Shwed's contributions to the tech landscape, maintaining an Outperform rating on Check Point and raising his price target. Both Seeking Alpha authors and Wall Street analysts rate it a BUY, while Seeking Alpha's quant system rates it a HOLD.
Morning Movers Gapping up $Starbucks (SBUX.US)$stock rose 3.7% after the coffee chain cut its annual sales forecast, warning of softer demand in January and a slow recovery in China. However, even more weakness had been expected following disappointing store traffic in November and December. $Novo-Nordisk A/S (NVO.US)$stock rose 0.5% after the Danish drugmaker forecast another year of double-digit growth due to the populari...
Check Point Software Technologies may have limited potential as a multi-bagger due to not compounding its earnings, despite a decent return on capital. Rising current liabilities could introduce new risk elements.
Check Point Software Technologies' stock may be overvalued given its high P/E ratio and lower predicted growth than the broader market. This situation poses significant risks as it could generate a decline in the share price, leading to potential overpayments by investors.
The analysts indicated an optimistic view mentioning the firm's recent acquisitions, signs of Q3 recovery, and potential firewall demand which could boost the company's product offerings and overall performance.
The highest interest rate in 22 years has already weighed on the US market. The market is now rattled by another geopolitical uncertainty following the unexpected attack by Hamas on Israel. The largest US-listed Israeli companies are mostly trading in the negative territory on Monday. Shares of Israeli Autonomous driving tech company$Mobileye Global (MBLY.US)$were down nearly 5%. Cybersecurity company Check$Check Point Software (CHKP.US)$...
Check Point Software Stock Forum
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Gapping up
$Starbucks (SBUX.US)$ stock rose 3.7% after the coffee chain cut its annual sales forecast, warning of softer demand in January and a slow recovery in China. However, even more weakness had been expected following disappointing store traffic in November and December.
$Novo-Nordisk A/S (NVO.US)$ stock rose 0.5% after the Danish drugmaker forecast another year of double-digit growth due to the populari...
The largest US-listed Israeli companies are mostly trading in the negative territory on Monday. Shares of Israeli Autonomous driving tech company $Mobileye Global (MBLY.US)$ were down nearly 5%. Cybersecurity company Check $Check Point Software (CHKP.US)$...
Gap Ups
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5. $Wells Fargo & Co (WFC.US)$ - up 0.7%
6. $James Hardie Industries (JHX.US)$ - up 0.5%
7. $Celsius Holdings (CELH.US)$ - up 0.5%
8....
Gap Ups
1. $Encompass Health (EHC.US)$ - up 8.0%
2. $KT Corp (KT.US)$ - up 1.9%
3. $Haleon (HLN.US)$ - up 1.7%
4. $ServiceNow (NOW.US)$ - up 1.3%
5. $Elbit Systems (ESLT.US)$ - up 0.8%
6. $Check Point Software (CHKP.US)$ - up 0.4%
7. $GlaxoSmithKline (GSK.US)$ - up 0.4%
8. $Diageo (DEO.US)$ - u...
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