Scotiabank analyst Patrick Colville lowered the firm’s price target on CrowdStrike (CRWD) to $440 from $480 and keeps a Sector Perform rating on the shares. The firm continues to be impressed with the company’s delivery following its Falcon Outage Incident in July 2024, the analyst tells investors. However, the firm remains on the sidelines, believing questions about a slowing core and management barely increasing its revenue target for FY26 possibly weighing on share price accretion following the results.
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