Scotiabank analyst Patrick Colville lowered the firm’s price target on CrowdStrike (CRWD) to $475 from $613 and keeps an Outperform rating on the shares. The company reported a “solid” Q4 Annual Recurring Revenue, ARR, and a nice increase to its FY27 ARR guidance, the analyst tells investors. The firm comes away from these results with increased confidence in the company’s momentum.
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