BMO Capital raised the firm’s price target on CrowdStrike (CRWD) to $500 from $405 and keeps an Outperform rating on the shares. The company reported a “solid if unspectacular” quarterly report, and the firm continues to think that CrowdStrike has one of the most comprehensive and effective security portfolios, the analyst tells investors in a research note. CrowdStrike should be able to sustain 20% type top-line growth into FY27 as its execution remains solid from an R&D and go-to-market perspective, BMO added.
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Read More on CRWD:
- CrowdStrike price target raised to $500 from $450 at Truist
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- CrowdStrike price target raised to $485 from $390 at Raymond James
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- CrowdStrike price target raised to $510 from $500 at RBC Capital
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