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Stock Market & Financial Investment News

News Breaks
July 23, 2014
15:27 EDTCHKPCheck Point price target raised to $75 from $69 at JPMorgan
JPMorgan believes Check Point's reported solid Q2 performance and that it could see further improvement in demand. The firm raised its price target on the stock to $75 citing its results, share repurchases and valuation and maintains its Overweight rating on the stock.
News For CHKP From The Last 14 Days
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October 23, 2014
05:44 EDTCHKPCheck Point reports Q3 EPS 93c, consensus 91c
Reports Q3 revenue $370.37M, consensus $367.1M.
October 22, 2014
06:44 EDTCHKPU.S. weighing cybersecurity requirements for bank vendors, NY Times says
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October 13, 2014
09:23 EDTCHKPHP could buy lower valuation company, says Bernstein
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October 9, 2014
06:40 EDTCHKPSource of JPMorgan cyberattack still unclear, NY Times says
The source of the cyberattack on JPMorgan (JPM) and other U.S. financial institutions this summer is still unclear, according to The New York Times. The hackers may have tried to hit about a dozen financial institutions , and E-Trade(ETFC) and Fidelity Investments may have been victimized in some way, the newspaper stated, citing an unnamed source who was briefed on the matter. At least five other banks, including Citigroup (C), HSBC (HBC) and Regions Financial (RF), discovered that one of the web addresses used by those who hacked JPMorgan tried to penetrate their systems, The Times quoted unnamed sources briefed on the matter as saying. Publicly traded companies in the space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link

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