Scotiabank raised the firm’s price target on CrowdStrike (CRWD) to $480 from $370 and keeps a Sector Perform rating on the shares. The firm believes the company is “world-class” and one of “only a few truly legitimate cybersecurity platforms,” the analyst tells investors. However, the firm does not expect estimates to go up after this print, causing Scotiabank to remain on the sidelines.
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