BTIG analyst Gray Powell raised the firm’s price target on CrowdStrike (CRWD) to $621 from $499 and keeps a Buy rating on the shares ahead of its Q1 results. The firm is citing its checks with industry contacts indicating that the company’s platform consolidation story is increasingly resonating with buyers, the analyst tells investors in a research note. Commentary on Identity, Cloud Security, VM, and newer AI Security products was encouraging, the firm added.
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