Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

CSFB Starts Check Point At Buy

Credit Suisse First Boston analyst Todd Raker started coverage of Check Point Software (CHKP)with an investment rating of buy because its dominant position within network security and high value-added business model suggest superior long-term financial performance.

Check Point shares fell 4-3/8, to 139 ? after Raker's report.

Raker believes network security spending will continue to increase despite a tough overall information technology market. He thinks the company, which specializes in Internet security, has one of the "best value characteristics" anywhere and makes excellent use of its capital.

Raker expects earnings per share for 2000 to come in at $1.17 and 2001 EPS to be $1.78. He thinks the company's perceived high valuation may be conservative based on its capital efficiency. Raker says the stock should achieve 25 percent appreciation and hit his $175 per share target, which he considers conservative.

blog comments powered by Disqus