Crowdstrike price target raised to $395 from $345 at KeyBanc

TipRanks

Sat, Nov 23, 2024, 4:35 AM 1 min read

KeyBanc raised the firm’s price target on Crowdstrike (CRWD) to $395 from $345 and keeps an Overweight rating on the shares. The firm sees a high bar for October security reporters given strong stock performance despite muted Q3 security earnings results thus far, saying its checks have been solid, the analyst tells investors in a research note. Results for Crowdstrike were strong, with several partners noting a bounce back this quarter and no mentions of customer migrations away from them, the firm says.