Is Check Point Software's Stock Dip an Opportunity?
Check Point Software Technologies' (NASDAQ: CHKP) stock market rally was brought to an abrupt halt last month after the company released its second-quarter results. Though the cybersecurity specialist beat Wall Street estimates for revenue and earnings, investors were disappointed by guidance that turned out to be worse than expected.
But the dip in the company's share price could be an opportunity for those looking for a solid long-term play on cybersecurity. Here's why.
Source: Fool.com
Check Point Software Technologies Ltd. Stock
€136.55
-1.010%
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 positive potential of 22.3% compared to the current price of 136.55 € for Check Point Software Technologies Ltd..