Vetr Downgrades Check Point Software To 2.5 Stars

Check Point Software Technologies Ltd CHKP has been downgraded by the Vetr community from 3 stars to 2.5 stars.

Over the last six months, Check Point has traded up about 10 percent. The company beat on both EPS and revenue estimates in its last four earnings reports heading into its second-quarter earnings reports on July 20.

See how crowdsourced ratings can help predict the market?

Vetr members have given Check Point a Sell rating and a $110.18 price target. This price target is higher than the $102.24 price target from professional analysts. The company opened Thursday around $114.49.

66.7 percent of Vetr voters think that traders should buy Check Point stock.

For Vetr’s full analysis of Check Point, go here.