Check Point Software Technologies Reports Stock Value Growth

Check Point Software Technologies has experienced a significant increase in its stock value over the past year. Investors who purchased shares a year ago have seen substantial returns.

Partnership with Variscite

The company has entered into a partnership with Variscite to enhance IoT/embedded device security. As part of this agreement, Check Point’s Quantum IoT Protect with Nano Agent technology will be integrated into Variscite’s System on Module products. This collaboration aims to provide comprehensive device-level protection against advanced cyber threats.

Stock Rating Upgrade

J.P. Morgan has upgraded Check Point’s stock rating to Overweight. The upgrade is based on the company’s focus on platform development and innovation, which is expected to drive growth in the coming years.

Key Highlights

  • Check Point’s stock value has increased significantly over the past year.
  • The company has partnered with Variscite to enhance IoT/embedded device security.
  • J.P. Morgan has upgraded Check Point’s stock rating to Overweight.