BTIG raised the firm’s price target on CrowdStrike (CRWD) to $520 from $431 and keeps a Buy rating on the shares as part of a broader research note on Security and Infrastructure Software that cites its industry checks on demand trends across the security software space. For the company, six out of seven contacts indicated that demand in Q1 was strong, also stating that they were either above plan or having “positive directional commentary”, the analyst tells investors in a research note.
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