TD Cowen raised the firm’s price target on CrowdStrike (CRWD) to $500 from $450 and keeps a Buy rating on the shares. The firm said the company delivered results in line or better than Street’s estimates and they remain positive on the shares as they see Envision 2H26 ARR growth re-acceleration, a further platform expansion as supported by its Falcon FLEX program, noting the company reaffirmed FY26 revenue targets at low 20%s year-over-year, its growing Gen-AI demand, and its $1B Buyback announced as shares hit historical highs.
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Read More on CRWD:
- CrowdStrike price target raised to $485 from $390 at Raymond James
- CrowdStrike, GuidePoint Security surpass $1B in sales
- CrowdStrike price target raised to $510 from $500 at RBC Capital
- CrowdStrike price target raised to $420 from $410 at Roth Capital
- CrowdStrike price target raised to $520 from $410 at Oppenheimer
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