CrowdStrike price target raised to $500 from $400 at Citizens JMP

Citizens JMP analyst Trevor Walsh raised the firm’s price target on CrowdStrike (CRWD) to $500 from $400 and keeps an Outperform rating on the shares ahead of the Q1 earnings report. In a quarter where the firm’s company checks trended slightly more toward the negative, CrowdStrike appears to be continuing its momentum in both core and new markets, the analyst tells investors in a research note.