Barclays analyst Saket Kalia maintains Check Point Software (NASDAQ:CHKP) with a Equal-Weight and raises the price target from $135 to $137.
Insurance Marketer U-BX Pops Up in China-U.S. IPO Pipeline Despite Limited Potential
Key takeaways:
• Online insurance marketer U-BX has filed for a Nasdaq IPO that could raise up to $33 million
• The company operates on a thin gross margin and only posted modest revenue growth in its latest fiscal year, which could limit its appeal to investors
