KeyBanc Sticks to Its Hold Rating for Check Point (CHKP)

In a report released today, Eric Heath from KeyBanc reiterated a Hold rating on Check Point (CHKP – Research Report). The company’s shares closed yesterday at $152.95.

Heath covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Check Point, and Fortinet. According to TipRanks, Heath has an average return of 15.5% and a 74.07% success rate on recommended stocks.

In addition to KeyBanc, Check Point also received a Hold from Robert W. Baird’s Shrenik Kothari in a report issued yesterday. However, on the same day, Truist Financial maintained a Buy rating on Check Point (NASDAQ: CHKP).

CHKP market cap is currently $18.16B and has a P/E ratio of 22.61.

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Check Point (CHKP) Company Description:

Check Point Software Technologies Ltd. engages in the development and market of software and hardware solutions for information technology security. The company products include threat prevention, next generation firewalls, mobile security, and security management. Its solutions cater to the following: point of sale systems, automated teller machines, private and public cloud, and telecommunications providers. The company was founded by Gil Shwed, Marius Nacht, and Shlomo Kramer in July 1993 and is headquartered in Tel Aviv, Israel.