Check Point price target lowered to $240 from $250 at Scotiabank

Scotiabank analyst Patrick Colville lowered the firm’s price target on Check Point (CHKP) to $240 from $250 and keeps an Outperform rating on the shares. The firm is reaffirming its price target on the stock following a “decent” Q1 report, the analyst tells investors. The firm likes Check Point as a highly defensive stock within software.

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