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Friday, June 03, 2011 10:56:58 AM
In a note to clients, Bank of America Merrill Lynch writes, "CHKP is benefiting from adoption of its network security appliances and cross-sell opportunities of its software blade architecture. We reiterate our Neutral rating and are raising our PO to $59 (from $55) implying a premium to an average of C12E EV/FCF and EV/E vs. peer group (SYMC, VRSN, ORCL), justified in our opinion given CHKP's better growth profile."
Source: http://www.benzinga.com/analyst-ratings/analyst-color/11/06/1136118/update-bank-of-america-merrill-lynch-raises-po-on-check-#ixzz1OE1GRjrl
Recent CHKP News
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 07/11/2024 01:00:06 PM
- Check Point Software Technologies Announces $2.0 Billion Expansion of Share Repurchase Authorization • GlobeNewswire Inc. • 07/11/2024 01:00:00 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 07/11/2024 10:50:49 AM
- Check Point Software to Announce 2024 Second Quarter Financial Results on July 24, 2024 • GlobeNewswire Inc. • 07/01/2024 01:00:00 PM
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- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/07/2024 10:10:29 AM
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