Wolfe Research upgraded CrowdStrike (CRWD) to Outperform from Peer Perform with a $450 price target The firm says Anthropic’s upcoming model release “has the potential to ignite a machine speed cyberwar the likes of which we have never seen.” The release could drive more vendor consolidation and tailwinds for CrowdStrike, leading to the company’s annual recurring revenue accelerating in fiscal 2027, the analyst tells investors in a research note.
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