CrowdStrike price target raised to $600 from $550 at Truist

Truist raised the firm’s price target on CrowdStrike (CRWD) to $600 from $550 and keeps a Buy rating on the shares. The firm likes CrowdStrike going into its Q3 print as it is set up well for a beat and raise quarter as it is positioned to reaccelerate net new annual recurring revenue growth in 2H26 and beyond, the analyst tells investors in a research note.