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CrowdStrike price target raised to $595 from $575 at Citi

Citi analyst Fatima Boolani raised the firm’s price target on CrowdStrike (CRWD) to $595 from $575 and keeps a Buy rating on the shares. The firm cites the company’s clean Q3 earnings print powered by best-in-class sales execution, robust organic demand, multi-dimensional growth drivers, the analyst tells investors in a research note. Clear near-, medium-, and long-term financial mile-markers should favorably anchor underlying sentiment and positioning on CrowdStrike shares, the firm added.

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