Check Point slumps on lower guidance

Check Point receives downgrade as firewall business remains under pressure: BofA

Bank of America downgraded Check Point (CHKP) to Neutral, cut PT to $120 on revenue miss and firewall pressure; see valuation, growth outlook, and...

Check Point slumps on lower guidance

The share price reflects a market cap of $11.90 billion, making it only the sixth most valuable Israeli company on Wall Street, after it was the most valuable company for a sustained period.