Oppenheimer Holdings, Inc. reiterated their buy rating on shares of Check Point Software Technologies Ltd. (NASDAQ:CHKP) in a research note released on Wednesday morning. The brokerage currently has a $128.00 price objective on the technology company’s stock.

A number of other equities analysts have also weighed in on CHKP. Stephens lowered shares of Check Point Software Technologies from an overweight rating to an equal weight rating and set a $110.00 price objective for the company. in a research report on Wednesday. Cowen and Company lowered shares of Check Point Software Technologies from an outperform rating to a market perform rating and set a $112.00 price objective for the company. in a research report on Wednesday. Credit Suisse Group reissued a neutral rating and issued a $105.00 price objective (down previously from $110.00) on shares of Check Point Software Technologies in a research report on Wednesday. Northland Securities set a $120.00 price objective on shares of Check Point Software Technologies and gave the company a hold rating in a research report on Wednesday. Finally, KeyCorp reissued a hold rating on shares of Check Point Software Technologies in a research report on Friday, October 27th. Twenty analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Check Point Software Technologies presently has a consensus rating of Hold and an average price target of $113.60.

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Hedge funds have recently made changes to their positions in the company. AXA boosted its stake in shares of Check Point Software Technologies by 20.6% in the second quarter. AXA now owns 187,805 shares of the technology company’s stock valued at $20,486,000 after purchasing an additional 32,118 shares during the period. Oppenheimer Asset Management Inc. boosted its stake in shares of Check Point Software Technologies by 7.1% in the second quarter. Oppenheimer Asset Management Inc. now owns 89,147 shares of the technology company’s stock valued at $9,725,000 after purchasing an additional 5,914 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Check Point Software Technologies by 693.4% in the second quarter. JPMorgan Chase & Co. now owns 467,485 shares of the technology company’s stock valued at $50,993,000 after purchasing an additional 408,560 shares during the period. Martin Investment Management LLC boosted its stake in shares of Check Point Software Technologies by 17.0% in the second quarter. Martin Investment Management LLC now owns 118,581 shares of the technology company’s stock valued at $12,935,000 after purchasing an additional 17,204 shares during the period. Finally, Pictet & Cie Europe SA boosted its stake in shares of Check Point Software Technologies by 6.2% in the second quarter. Pictet & Cie Europe SA now owns 17,163 shares of the technology company’s stock valued at $1,872,000 after purchasing an additional 1,000 shares during the period. Institutional investors and hedge funds own 68.07% of the company’s stock.

About Check Point Software Technologies

Check Point Software Technologies Ltd. (Check point) develops, markets and supports a range of products and services for information technology (IT) security. The Company’s products and services are sold to enterprises, service providers, small and medium sized businesses and consumers. It offers enterprises a platform to deploy independent, modular and interoperable security applications (Software Blades), such as firewall, virtual private network (VPN), intrusion prevention system (IPS), Application Control, Anti-Bot, antivirus, data loss prevention (DLP), policy management, event analysis or multi-domain management.

Analyst Recommendations for Check Point Software Technologies (NASDAQ:CHKP)

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