TD Cowen Reaffirms Buy on Check Point (CHKP), Highlights Veriti Acquisition

On May 27, TD Cowen reaffirmed its stance on Check Point Software Technologies Ltd. (NASDAQ:CHKP), keeping its Buy rating and $285 price target on the company’s shares.

Shaul Eyal, an analyst for the firm, emphasized the strategic importance of Check Point Software’s recent acquisition and how it may improve the company’s standing in the cybersecurity industry. The deal, which is expected to finalize by the end of the second quarter of 2025, is valued at more than $100 million and marks Check Point’s first acquisition under the direction of CEO Nadav Zafrir.

TD Cowen Reaffirms Buy on Checkpoint Software, Highlights Veriti Acquisition

Veriti Cybersecurity, the acquired company, will support an open-garden strategy to improve Check Point’s null Platform. It is expected that this strategy will strengthen Check Point Software’s capabilities in Exposure Management, a sector that is gaining interest due to its essential role in cybersecurity, and enable multi-vendor remediation across several security layers.

By allowing Veriti to instantly apply virtual patching through Check Point Software Technologies Ltd. (NASDAQ:CHKP) gateways and absorb cloud exposure analytics, the acquisition also enhances Check Point’s strategic alliance with cloud security firm Wiz.

While we acknowledge the potential of CHKP to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CHKP and that has 100x upside potential, check out our report about the cheapest AI stock.

Read Next: 11 Best Performing Cybersecurity Stocks So Far in 2025 and 11 Best Predictive Analytics Stocks to Buy According to Analysts.

Disclosure: None.