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Check Point Rides on Strong Adoption of Security Solutions
Check Point's (CHKP) solutions like the Next Generation Security Gateway are witnessing strong adoption and positive feedback from customers. Moreover, its focus on portfolio expansion is a positive.Tue, 18 Dec 2018 14:22:02 +0000Read more
Can Symantec’s Enterprise Business Do Better?
Symantec (SYMC) operates two main businesses: enterprise security and consumer digital safety. In the second quarter of fiscal 2019, Symantec’s revenue fell 5.0% YoY (year-over-year) to less than $1.2 billion, dragged down by weakness in the enterprise security business. Its enterprise security revenue fell 16% YoY.Mon, 03 Dec 2018 18:05:23 +0000Read more
What Next for Imperva?
Imperva (IMPV) now looks to be firmly on track to be acquired by Thoma Bravo after its go-shop window closed. On October 10, Imperva announced an agreement that involved investment company Thoma Bravo acquiring it for $55.75 per share in cash or $2.1 billion in total. The agreement provided a 45-day window for Imperva to consider alternative acquisition proposals that may come its way.Mon, 03 Dec 2018 16:30:17 +0000Read more
Here’s What Check Point Software Technologies Ltd’s (NASDAQ:CHKP) P/E Ratio Is Telling Us
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll look at Check Point Software Technologies Ltd’s (NASDAQ:CHKP) P/E ratio andThu, 29 Nov 2018 14:32:50 +0000Read more
Palo Alto Networks stock climbs as Morgan Stanley defends bullish rating
Shares of Palo Alto Networks Inc. are up 3.1% in Tuesday morning trading after Morgan Stanley analyst Keith Weiss penned a bullish note on the cybersecurity company. "At ~11 enterprise value to calendar 2019 free cash flow, Palo Alto Network represents the best-priced FCF growth within our software coverage group, trading at a discount to low-growth software (Oracle Corp. , Citrix Systems Inc. , Nuance Communications Inc. ) at 13 times and network security peers (Check Point Software Technologies Ltd. , Fortinet Inc. ) at 16 times," he wrote. "While the recent management transition does hold risks, we see room for the multiple (as well as estimates) to move higher" if investors give the company more credit for its potential to grow free-cash flow substantially. Weiss rates the stock at overweight with a $266 price target. Palo Alto Networks shares have slipped 13% over the past month, while the S&P 500 has dropped 3.7%.Tue, 20 Nov 2018 15:58:00 +0000Read more