Piper Sandler analyst Rob Owens raised the firm’s price target on CrowdStrike (CRWD) to $520 from $450 and keeps a Neutral rating on the shares. The firm says that both NNARR and revenue outperformed expectations for the Quarter as strength in the emerging portfolio as well as the traditional endpoint business buoyed overall results. Piper notes this is the first meaningful subscription upside we have seen this year.
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