Rosenblatt lowered the firm’s price target on CrowdStrike (CRWD) to $490 from $515 and keeps a Buy rating on the shares. The company reported a beat across the board but its “conservative” guidance tempered investor enthusiasm, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRWD:
- CrowdStrike upgraded to Hold from Sell at DZ Bank
- CrowdStrike price target lowered to $489 from $520 at BTIG
- CrowdStrike price target lowered to $460 from $495 at Morgan Stanley
- CrowdStrike price target lowered to $450 from $505 at Piper Sandler
- CrowdStrike price target lowered to $430 from $475 at Canaccord