Check Point stock gains after BTIG upgrade

Check Point Software Technologies Inc. (chkp) shares are up 2% in Tuesday trading after BTIG analyst Joel Fishbein upgraded the stock to buy from neutral. "After three quarters of stagnant stock performance and four quarters of disappointing guidance from Check Point, we believe it is now time to get constructive on the name again," he wrote. Fishbein had been looking for signs that the company's sales force was becoming more effective and that the company had finally hit its trough.