Stifel lowered the firm’s price target on CrowdStrike (CRWD) to $480 from $600 and keeps a Buy rating on the shares ahead of the company reporting fiscal Q4 earnings on March 3. Following the January quarter, the firm surveyed 25 CrowdStrike resellers around their quarterly results and expectations for the year and in general the survey showed “the second straight quarter of a modest uptick in terms of the percentage of VARs at-least coming in line with expectations in the quarter,” the analyst tells investors.
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