Susquehanna analyst Shyam Patil raised the firm’s price target on CrowdStrike (CRWD) to $600 from $530 and keeps a Positive rating on the shares. The firm said they posted a generally solid F3Q and guided F4Q revenue broadly in line. The company is seeing particularly strong momentum with Next-Gen SIEM and continued strength in Flex and re-Flex deals, which are driving greater platform adoption.
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Read More on CRWD:
- CrowdStrike price target raised to $353 from $343 at Bernstein
- CrowdStrike price target raised to $582 from $580 at JPMorgan
- CrowdStrike price target raised to $520 from $450 at Piper Sandler
- CrowdStrike price target raised to $590 from $580 at UBS
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