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CrowdStrike price target lowered to $425 from $450 at UBS

CrowdStrike price target lowered to $425 from $450 at UBS

UBS lowered the firm’s price target on CrowdStrike (CRWD) to $425 from $450 and keeps a Buy rating on the shares. CrowdStrike had a “good enough,” but limited reacceleration commentary and margins see a quick reset, the analyst tells investors in a research note. The firm says its overall thesis remains intact.

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