Bernstein raised the firm’s price target on CrowdStrike (CRWD) to $353 from $343 and keeps a Market Perform rating on the shares. The firm says CrowdStrike’s Q3 was another example of why they are such a well-loved company – reliably delivering a nearly 2% revenue beat vs. guidance, and passing it through to the full year. Along with their reliable beat came the normal slew of positive signals including Flex account ARR growing over 200% year-over-year to $1.35B and a major competitive Security Service Provider win, Bernstein adds.
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