Check Point Software Technology (CHKP) Tops Q2 EPS by 4c

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Needham & Company Reiterated Buy on Check Point Software Technology (CHKP) Following 2Q Results

July 23, 2015 7:08 AM UTC

Needham & Company reiterated a Buy rating and $100 price target on Checkpoint Software (NASDAQ: CHKP) following 2Q results. Analyst Scott Zeller said that 2Q results were a beat and likely better than feared, and believes CHKP continues to steadily grow its footprint in data centers. CHKPs $395m revenue and $0.99 EPS were both above $392m and $0.95... More