- Cybersecurity solutions provider Check Point Software Technologies Ltd (NASDAQ:CHKP) extended its multi-cloud support via Check Point CloudGuard’s integration with Alibaba Group Holding Ltd’s (NYSE:BABA) Cloud.
- Alibaba Cloud’s customers will gain from enhanced cloud network security and posture management. Other organizations have the opportunity to leverage Alibaba Cloud within their multi-cloud environments.
- This collaboration will benefit Alibaba Cloud’s customers seeking protection across their entire cloud infrastructure; it will also provide Check Point customers the opportunity to leverage Alibaba Cloud.
- Price action: BABA shares traded lower by 0.63% at $210.26 on the last check Wednesday.
Barclays Maintains Overweight on Ciena, Raises Price Target to $68
Barclays analyst Tim Long maintains Ciena (NYSE:CIEN) with a Overweight and raises the price target from $63 to $68.
