Goldman Sachs sees 7% upside in Verify Level



Goldman Sachs fairness analyst Brian Essex sees a 7% upside in Israeli cybersecurity firm Check Point Software Technologies Ltd. (Nasdaq: CHKP) and has raised the corporate’s advice from “Promote” to “Impartial.” Goldman Sachs has raised Verify Level’s value goal from $116 per share to $128 per share. Verify Level opened zero.85% decrease on Wall Avenue as we speak at $119.45 per share, giving a market cap of $16.76 billion.




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Essex stated that he had raised the advice and value goal due to improved billings, which had regarded weaker initially of 2020. He added that new merchandise had been attaining improved market penetration and that there was “improved traction amongst Verify Level resellers.”

Final week Verify Level reported robust third quarter monetary outcomes with each income and web revenue topping the analysts’ estimates.

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Printed by Globes, Israel enterprise information – en.globes.co.il – on October 26, 2020

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