SanDisk Co. (NASDAQ: SNDK), Simon Properties (NYSE: SPG), Seagate (NYSE: STX), Buckeye Partners (NYSE: BPL), Brady Co. (NYSE: BRC) and Check Point Software (NASDAQ: CHKP) were downgraded by analysts.
SanDisk Co. (SNDK) was downgraded by Sterne Agee from a “Buy” rating to a “Neutral” rating. They have a price target of $58.00 on the company.
Simon Properties (SPG) was downgraded by UBS AG (NYSE:UBS) from a “Neutral” rating to a “Buy” rating. They have a price target of $125.00 on the company.
Seagate (NYSE: STX) was downgraded by Deutsche Bank (NYSE:DB) from a “Buy” rating to a “Hold” rating. They have a price target of $20.00 on the company.
Buckeye Partners (BPL) was downgraded by Morgan Stanley (NYSE:MS) from an “Equal Weight” rating to an “Underweight” rating.
Brady Co. (BRC) was downgraded by Robert W. Baird from an “Outperform” rating to a “Neutral” rating. They have a price target of $31.00 on the company, down from $33.00.
Check Point Software (CHKP) was downgraded by Morgan Stanley from an “Overweight” rating to an “Equal Weight” rating. They cited valuation as the catalyst behind the call.
Showing posts with label Check Point Software. Show all posts
Showing posts with label Check Point Software. Show all posts
Wednesday, November 16, 2011
Tuesday, August 30, 2011
Citigroup (C) on (MSFT) (VMW) (CRM) (ADBE) (SYMC) and Macroeconomic Effect on Sector
Referencing the upcoming Technology Conference, Citigroup (NYSE:C) software analyst Walter Pritchard said one major concern for the sector is the macroeconomic situation, which is weakening, but not yet showing up in the outlook for software companies such as Microsoft (NASDAQ:MSFT), VMWare (NYSE:VMW), Salesforce.com (NYSE:CRM), Adobe (NASDAQ:ADBE) and Symantec (NASDAQ:SYMC).
Pritchard said, “It may be a matter of time before the backdrop catches up with software companies,” as the probable fallout hasn't hit the estimates for the firms yet.
Among his favorites in the software sector are Taleo (NASDAQ:TLEO), Verisign (NASDAQ:VRSN), Symantec, and Check Point (NASDAQ:CHKP).
Other companies in the Conference will be Autodesk (NASDAQ:ADSK), BMC Software (NASDAQ:BMC), CA (NASDAQ:CA), Citrix Systems (NASDAQ:CTXS), Dassault Systems (OTC:DASTY), Fortinet (NASDAQ:FTNT) and SuccessFactors (NASDAQ:SFSF).
Pritchard said, “It may be a matter of time before the backdrop catches up with software companies,” as the probable fallout hasn't hit the estimates for the firms yet.
Among his favorites in the software sector are Taleo (NASDAQ:TLEO), Verisign (NASDAQ:VRSN), Symantec, and Check Point (NASDAQ:CHKP).
Other companies in the Conference will be Autodesk (NASDAQ:ADSK), BMC Software (NASDAQ:BMC), CA (NASDAQ:CA), Citrix Systems (NASDAQ:CTXS), Dassault Systems (OTC:DASTY), Fortinet (NASDAQ:FTNT) and SuccessFactors (NASDAQ:SFSF).
Friday, August 19, 2011
Limelight (LLNW) (WAT) (ARRS) (BSX) (SEAC) (CHKP) Get New Coverage
Limelight Networks (NASDAQ: LLNW), Waters Corporation (NYSE: WAT), Arris Group, Inc. (NASDAQ: ARRS), Boston Scientific (NYSE: BSX), SeaChange (NASDAQ: SEAC) and Check Point Software (NASDAQ: CHKP) get new analyst coverage.
Madison Williams initiated coverage on Waters Corporation (NYSE: WAT) is now covered by analysts at . The analysts placed a “neutral” rating on the company.
Kaufman Brothers initiated coverage on Arris Group, Inc. (ARRS). They placed a “Buy” rating and a price target of $12.00 on the company.
Jefferies (NYSE:JEF) initiated coverage on Limelight Networks (LLNW). They placed a “Buy” rating and a price target of $3.75 on the company.
Mizuho initiated coverage on Boston Scientific (BSX). They placed an “Outperform” rating on the company.
Kaufman Brothers initiated coverage on SeaChange (SEAC). They placed a “Hold” rating and a price target of $9.00 on the company.
Jefferies initiated coverage on Check Point Software (CHKP). They placed a “Buy” rating and a price target of $66.00 on the company.
Madison Williams initiated coverage on Waters Corporation (NYSE: WAT) is now covered by analysts at . The analysts placed a “neutral” rating on the company.
Kaufman Brothers initiated coverage on Arris Group, Inc. (ARRS). They placed a “Buy” rating and a price target of $12.00 on the company.
Jefferies (NYSE:JEF) initiated coverage on Limelight Networks (LLNW). They placed a “Buy” rating and a price target of $3.75 on the company.
Mizuho initiated coverage on Boston Scientific (BSX). They placed an “Outperform” rating on the company.
Kaufman Brothers initiated coverage on SeaChange (SEAC). They placed a “Hold” rating and a price target of $9.00 on the company.
Jefferies initiated coverage on Check Point Software (CHKP). They placed a “Buy” rating and a price target of $66.00 on the company.
Monday, August 15, 2011
Weyerhaeuser (WY) (MFC) (CHKP) (BUD) (EIX) (RNET) Upgraded
Weyerhaeuser (NYSE: WY), Manulife Financial (NYSE: MFC), Check Point Software (NASDAQ: CHKP), Anheuser Busch (NYSE: BUD), Edison International (NYSE: EIX) and RigNet (NASDAQ: RNET) upgraded by analysts.
Weyerhaeuser (WY) was upgraded by RBC Capital from an “Underperform” rating to a “Sector Perform” rating. They have a price target $18.00 on the company.
Manulife Financial (MFC) was upgraded by Barclays Capital from an “Equal Weight” rating to an “Overweight” rating. They have a price target of $17.00 on the company.
Check Point Software (CHKP) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $65.00 on the company.
Anheuser Busch (BUD) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating.
Edison International (EIX) was upgraded by Credit Suisse (NYSE:CS) from a “Neutral” rating to an “Outperform” rating.
RigNet (RNET) was upgraded by Oppenheimer from a “Perform” rating to an “Outperform” rating. They have a price target of $21.00 on the company.
Weyerhaeuser (WY) was upgraded by RBC Capital from an “Underperform” rating to a “Sector Perform” rating. They have a price target $18.00 on the company.
Manulife Financial (MFC) was upgraded by Barclays Capital from an “Equal Weight” rating to an “Overweight” rating. They have a price target of $17.00 on the company.
Check Point Software (CHKP) was upgraded by Stifel Nicolaus from a “Hold” rating to a “Buy” rating. They have a price target of $65.00 on the company.
Anheuser Busch (BUD) was upgraded by Bank of America (NYSE:BAC) from a “Neutral” rating to a “Buy” rating.
Edison International (EIX) was upgraded by Credit Suisse (NYSE:CS) from a “Neutral” rating to an “Outperform” rating.
RigNet (RNET) was upgraded by Oppenheimer from a “Perform” rating to an “Outperform” rating. They have a price target of $21.00 on the company.
Thursday, August 11, 2011
First Solar (FSLR) (VMW) (WLK) (BEXP) (MOS) (CHKP) Upgraded
First Solar, Inc. (NASDAQ: FSLR), VMware, Inc. (NYSE: VMW), Westlake Chemical Corp (NYSE: WLK), Brigham Exploration (NASDAQ: BEXP), The Mosaic Company (NYSE: MOS) and Check Point Software (NASDAQ: CHKP) upgraded by analysts.
First Solar, Inc. (FSLR) was upgraded by Jefferies (NYSE:JEF) from a “Hold” rating to a “Buy” rating. They have a price target of $132.00 on the company.
VMware, Inc. (VMW) was upgraded by FBR Capital from a “Market Perform” rating to an “Outperform” rating.
Westlake Chemical Corp. (WLK) was upgraded by UBS AG (NYSE:UBS) from a “Sell” rating to a “Neutral” rating. They have a price target of $41.00 on the company, down from $50.00. They cited valuation as the catalyst behind the call.
Brigham Exploration (BEXP) was upgraded by FBR Capital from a “Market Perform” rating to an “Outperform” rating. They have a price target of $40.00 on the company.
The Mosaic Company (MOS) was upgraded by Ticonderoga from a “Neutral” rating to a “Buy” rating. They have a price target of $80.00 on the company.
Check Point Software (CHKP) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating. They have a price target of $59.00 on the company.
First Solar, Inc. (FSLR) was upgraded by Jefferies (NYSE:JEF) from a “Hold” rating to a “Buy” rating. They have a price target of $132.00 on the company.
VMware, Inc. (VMW) was upgraded by FBR Capital from a “Market Perform” rating to an “Outperform” rating.
Westlake Chemical Corp. (WLK) was upgraded by UBS AG (NYSE:UBS) from a “Sell” rating to a “Neutral” rating. They have a price target of $41.00 on the company, down from $50.00. They cited valuation as the catalyst behind the call.
Brigham Exploration (BEXP) was upgraded by FBR Capital from a “Market Perform” rating to an “Outperform” rating. They have a price target of $40.00 on the company.
The Mosaic Company (MOS) was upgraded by Ticonderoga from a “Neutral” rating to a “Buy” rating. They have a price target of $80.00 on the company.
Check Point Software (CHKP) was upgraded by Macquarie from a “Neutral” rating to an “Outperform” rating. They have a price target of $59.00 on the company.
Wednesday, July 20, 2011
Zions (ZION) (CHKP) (NUVA) (TLB) (HANS) (HAS) Upgraded
Zions Bancorporation (NASDAQ: ZION), Check Point Software (NASDAQ: CHKP), NuVasive (NASDAQ: NUVA), Talbots (NYSE: TLB), Hansen Natural Co. (NASDAQ: HANS) and Hasbro, Inc. (NYSE: HAS) upgraded by analysts.
Bank of America (NYSE: BAC) upgraded Check Point Software (CHKP) from a “neutral” rating to a “buy” rating. They have a price target of $71.00 on the company.
Longbow Research upgraded Hansen Natural Co. (HANS) from a “sell” rating to a “neutral” rating.
BMO Capital Markets upgraded Hasbro, Inc. (HAS) to a “market perform” rating.
NuVasive (NUVA) was upgraded by Robert W. Baird from a “neutral” rating to an “outperform” rating. They have a price target of $42.00 on the company, up from $32.00.
Talbots (TLB) was upgraded by Janney Montgomery Scott from a “sell” rating to a “neutral” rating. They have a price target of $3.00 on the company.
Zions Bancorporation (ZION) was upgraded by Compass Point from a “sell” rating to a “neutral” rating. They have a price target of $23.00 on the company, up from $21.00.
Bank of America (NYSE: BAC) upgraded Check Point Software (CHKP) from a “neutral” rating to a “buy” rating. They have a price target of $71.00 on the company.
Longbow Research upgraded Hansen Natural Co. (HANS) from a “sell” rating to a “neutral” rating.
BMO Capital Markets upgraded Hasbro, Inc. (HAS) to a “market perform” rating.
NuVasive (NUVA) was upgraded by Robert W. Baird from a “neutral” rating to an “outperform” rating. They have a price target of $42.00 on the company, up from $32.00.
Talbots (TLB) was upgraded by Janney Montgomery Scott from a “sell” rating to a “neutral” rating. They have a price target of $3.00 on the company.
Zions Bancorporation (ZION) was upgraded by Compass Point from a “sell” rating to a “neutral” rating. They have a price target of $23.00 on the company, up from $21.00.
Tuesday, July 19, 2011
Amgen (AMGN) (ASH), (AWK) (CHKP) (DNDN) (EPD) Ratings Reiterated
Amgen, Inc. (NASDAQ: AMGN), Ashland Inc. (NYSE: ASH), American Water Works Co Inc (NYSE: AWK), Check Point Software ((NASDAQ: CHKP), Dendreon Co. (NASDAQ: DNDN), Enterprise Products Partners (NYSE: EPD) ratings reiterated by analysts.
Amgen, Inc. (AMGN) rating reiterated an “overweight” by at Piper Jaffray.
Ashland Inc. (ASH) rating reiterated a “neutral” by JPMorgan Chase & Co. (NYSE:JPM).
American Water Works Co Inc (AWK) rating reiterated a “neutral” by Ladenburg Thalmann.
Check Point Software (CHKP) rating reiterated an “outperform” by Oppenheimer.
Dendreon (DNDN) rating reiterated a “hold” by Citigroup (NYSE:C). They have a price target of $36.00 on the company.
Enterprise Products Partners (EPD) rating reiterated a “buy” by Wunderlich. They have a price target of $48.00 on the company.
Amgen, Inc. (AMGN) rating reiterated an “overweight” by at Piper Jaffray.
Ashland Inc. (ASH) rating reiterated a “neutral” by JPMorgan Chase & Co. (NYSE:JPM).
American Water Works Co Inc (AWK) rating reiterated a “neutral” by Ladenburg Thalmann.
Check Point Software (CHKP) rating reiterated an “outperform” by Oppenheimer.
Dendreon (DNDN) rating reiterated a “hold” by Citigroup (NYSE:C). They have a price target of $36.00 on the company.
Enterprise Products Partners (EPD) rating reiterated a “buy” by Wunderlich. They have a price target of $48.00 on the company.
Monday, May 9, 2011
Biggest Winners (BTE) (CHKP) (ZMH) (POT) (TIBX) on May 6
Among the winners on Friday, May 6, as measured by share price increases, were Baytex Energy Corp (BTE), Check Point Software (CHKP), Zimmer Holdings (ZMH), Potash Corporation (POT) and Tibco Software (TIBX).
Baytex Energy Corp (BTE) was up $1.19, to close at $55.77, a gain of 2.18 percent.
Check Point Software (CHKP) jumped $1.19 on the day to close at $54.89, an increase of 3.21 percent.
Zimmer Holdings (ZMH) rose $1.18 to close at $67.50, a boost of 1.78 percent.
Potash Corporation (POT) soared $1.18 to close the session at $53.45, a gain of 2.26 percent.
Tibco Software (TIBX) surged $1.18 to end the day at $28.74, climbing 4.28 percent.
Baytex Energy Corp (BTE) was up $1.19, to close at $55.77, a gain of 2.18 percent.
Check Point Software (CHKP) jumped $1.19 on the day to close at $54.89, an increase of 3.21 percent.
Zimmer Holdings (ZMH) rose $1.18 to close at $67.50, a boost of 1.78 percent.
Potash Corporation (POT) soared $1.18 to close the session at $53.45, a gain of 2.26 percent.
Tibco Software (TIBX) surged $1.18 to end the day at $28.74, climbing 4.28 percent.
Wednesday, January 19, 2011
Check Point Software (NASDAQ:CHKP) Share Repurchases Should Accelerate on Tax Law Changes
Changes in Israeli tax laws should see Check Point Software (NASDAQ:CHKP) accelerating their repurchase of company shares on a quarterly basis, according to Jefferies (NYSE:JEF).
Jefferies noted, "the announcement of a significant boost to the amount of the authorized buyback could be the first indication of management's intention to act. Check Point currently has >$2.2Bn in cash on hand, nearly $11 per share."
Even before the change in Israeli tax laws, Check Point Software (NASDAQ:CHKP) has been buying back shares at a quarterly rate on average of $65 million, using 70 percent of its quarterly cash flow for the acquisitions.
For 2011, Jefferies said Check Point should generate approximately $200 million in revenue, and continuing to grow in the future.
Jefferies maintains a "Buy" rating on Check Point Software, which closed Tuesday at $46.35, gaining $0.15, or 0.32 percent. Jefferies boosted their price target on Check Point from $47 to $52.
Jefferies noted, "the announcement of a significant boost to the amount of the authorized buyback could be the first indication of management's intention to act. Check Point currently has >$2.2Bn in cash on hand, nearly $11 per share."
Even before the change in Israeli tax laws, Check Point Software (NASDAQ:CHKP) has been buying back shares at a quarterly rate on average of $65 million, using 70 percent of its quarterly cash flow for the acquisitions.
For 2011, Jefferies said Check Point should generate approximately $200 million in revenue, and continuing to grow in the future.
Jefferies maintains a "Buy" rating on Check Point Software, which closed Tuesday at $46.35, gaining $0.15, or 0.32 percent. Jefferies boosted their price target on Check Point from $47 to $52.
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