Check Point Software Technologies Ltd. Quarterly Revenue Increases 8.5%
After an uncertain outlook for the industry at the start of the year, it's turned out to be a pretty good year for network cybersecurity companies, and the latest results from Israeli company Check Point Software Technologies Ltd. (NASDAQ: CHKP) this week confirmed an industry in good shape. That said, there were a couple of points that might have left investors concerned. Let's take a look at them in the context of a broadly positive set of second-quarter earnings.
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Starting with the headline numbers from the quarter:
Source: Fool.com
Check Point Software Technologies Ltd. Stock
€142.20
-0.110%
We see a rather positive sentiment for Check Point Software Technologies Ltd. with 12 Buy predictions and 1 Sell predictions.
As a result the target price of 167 € shows a slightly positive potential of 17.44% compared to the current price of 142.2 € for Check Point Software Technologies Ltd..
