Stifel analyst Adam Borg lowered the firm’s price target on CrowdStrike (CRWD) to $435 from $475 and keeps a Buy rating on the shares following what the firm calls “a better-than-expected print,” with all key metrics above expectations. FY26 top-line guidance brackets consensus, with profitability below given investments, notes the analyst, who believes this profitability outlook is what pressured shares in after-hours trading. However, the firm is “pleased” to see management expects NNARR, operating margin, and free cash flow margin growth to reaccelerate in the second half of FY26, the analyst added.
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