Crowdstrike price target raised to $153 from $128 at Stifel

Stifel raised the firm’s price target on Crowdstrike to $153 from $128 and keeps a Hold rating on the shares. CrowdStrike posted a top-line beat that was “slimmer than recent trends,” although the company posted “an impressive operating margin beat,” the analyst tells investors. However, the firm remains concerned that management’s NNARR forecast that calls for growth to accelerate to about 9% in the second half “remains optimistic,” the analyst added.