Check Point (CHKP +1.2%) closes higher on a down day after Oppenheimer says its reseller checks...

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

Check Point (CHKP +1.2%) closes higher on a down day after Oppenheimer says its reseller checks indicate the firewall vendor should post Q3 results "at least in line" with Street estimates, in spite of recent fears about competition and Europe. The firm also likes a valuation of 13x estimated 2013 EPS and the company's $16.30/share in cash.