FBN is launching coverage of enterprise security hardware/software giant Check Point (CHKP...

|About: Check Point Software Techno... (CHKP)|By:, SA News Editor

FBN is launching coverage of enterprise security hardware/software giant Check Point (CHKP +0.4%) with a Buy and $65 PT. The firm likes Check Point's leadership position in the enterprise firewall market, and sees its release of appliance and software blade products boosting its recurring revenue streams and opening up new cross-selling opportunities.