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Lazard cuts Check Point (CHKP -1.9%) to Neutral; the firm says channel checks indicate share...

Lazard cuts Check Point (CHKP -1.9%) to Neutral; the firm says channel checks indicate share losses to Palo Alto Networks (PANW) are growing. Palo Alto's next-gen firewalls are causing headaches for incumbent firewall vendors Check Point, Cisco, and Juniper thanks to their ability to support deeper content analysis on an integrated platform. The company recently bragged of an 85% win rate in deals it competes for.
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