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Check Point Software Technologies Ltd. (CHKP) [hlAlert]

Rating:
Overweight
CHKP
up 89.05 %

Check Point Software Technologies Ltd. (CHKP) rated Overweight with price target $49 by HSBC Securities

Posted on: Wednesday,  Oct 27, 2010  8:25 AM ET by HSBC Securities

HSBC Securities rated Overweight Check Point Software Technologies Ltd. (NASDAQ: CHKP) on 10/27/2010, when the stock price was $42.11.
Since then, Check Point Software Technologies Ltd. has gained 89.05% as of 11/27/2015's recent price of $79.61.
If you would have followed this HSBC Securities's recommendation on CHKP, you would have gained 89.05% of your investment in 1857 days.

Check Point Software Technologies Ltd. is a leading provider of policy-based enterprise security and traffic management solutions. Through itspatented Stateful Inspection technology, the company delivers Secure Enterprise Connectivity solutions that protect information assets and enhance the performance of enterprise networks. The company's products include the world's leading enterprise security suite, FireWall-1r, the industry's leading family of virtual private network solutions, VPN-1T, and the industry's premier bandwidth management solution, FloodGate-1T.

HSBC has refined and refocused its Global Equities organisation, creating a lean and flexible business model built to meet the needs of global issuers and investors today and in the future. Acknowledging the changing demands of clients, we have also refined our research model, moving away from traditional maintenance to focus on long term, thematic research (a two-year-plus horizon) combined with short term (zero to three months), real-time, actionable ideas both for companies and sectors.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/27/2010 8:25 AM Buy
None
42.11 49.00
as of 12/31/2010
1 Week down  -1.83 %
1 Month up  4.99 %
3 Months up  6.88 %
1 YTD up  6.88 %

(*) Stock Price at the time of the recommendation.
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