tiprankstipranks
Trending News
More News >

CrowdStrike price target raised to $450 from $425 at Mizuho

Mizuho analyst Gregg Moskowitz raised the firm’s price target on CrowdStrike (CRWD) to $450 from $425 and keeps a Neutral rating on the shares. The company reported a solid Q1, but its revenue was only in line and the annual recurring revenue beat was more modest than usual, the analyst tells investors in a research note. More encouragingly, the firm says CrowdStrike continues to see very strong traction for Falcon Flex. Mizuho views the stock’s risk/reward as natural at current valuation levels.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue