Oppenheimer is out with its report today on Check Point Software Technologies CHKP, raising its PT from $60 to $63.
In a note to clients, Oppenheimer writes, "Raising PT to $63 from $60, or 20x our FY12E EPS. PT further supported by ~$11.97 net cash/share. Reiterate Outperform."
Shares of CHKP closed Friday at $56.75.
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Posted In: Analyst ColorPrice TargetAnalyst RatingsCheck Point Software TechnologiesInformation TechnologyOppenheimerSystems Software
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