12:00 PM EDT, 08/01/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We maintain our recommendation of shares of CHKP at Hold, and lower our target price to $208 from $228, on a P/E multiple of 21x our 2025 EPS projection of $9.92, above its five-year historical average of 17.7x, but below its software peer group mean on its slower growth profile. Q2 results were weaker than anticipated, as the company saw several large deals that slipped and the negative impact from price discounts. Billings (+3.5% Y/Y) experienced a 300-bp headwind from these slipped deals. CHKP will also likely experience more competitive pressures from peer PANW from its acquisition of Identity Security solutions provider, CYBR. Increased investments in sales and product innovation could also compress margins in the near term. However, we see reasons to stay positive, including tailwinds from a multi-quarter firewall refresh cycle, cross-sell opportunities, and its hybrid mesh architecture approach. We lower our 2025 EPS estimate to $9.92 from $9.93 and our 2026 EPS projection to $10.80 from $10.84.