Cantor Fitzgerald Started Coverage on Check Point …
From Financial Modeling Prep: 2025-01-09 09:25:00
Cantor Fitzgerald analysts began covering Check Point Software (NASDAQ:CHKP) with a Neutral rating and a $200 price target. The company’s strong presence in cybersecurity, supported by a loyal customer base and strategic acquisitions, positions it well in the market.
Check Point’s financial strength lies in steady cash flows, healthy margins, and growth potential in subscription software and acquisitions. However, its slower growth compared to competitors affects the overall outlook. Projected 5.5% revenue growth for fiscal 2025 aligns with estimates but falls short of faster-growing peers.
Short-term expectations include a fourth-quarter billing rebound, integration of recent acquisitions, and new CEO leadership for momentum. Long-term prospects focus on the Infinity platform driving revenue growth, with stable operating margins of 42% or higher making Check Point a reliable investment choice.
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