Cantor Fitzgerald analyst Jonathan Ruykhaver tells investors that the firm’s checks on Check Point (CHKP) remain consistent and “encouraging,” suggesting improved near-term performance. The firm remains comfortable with its Q4 EPS, revenue, and billings estimates that are slightly above consensus, and says the fiscal 2025 outlook should support in-line to slightly ahead guidance to consensus calling for 5.5% revenue growth based on growing partner confidence around upsell for Harmony, Infinity adoption and firewall refresh. Cantor has a Neutral rating and $200 price target on the shares.
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