Scotiabank raised the firm’s price target on CrowdStrike (CRWD) to $370 from $300 and keeps a Sector Perform rating on the shares. After a healthy FY24 where U.S. software equities performed well, the firm feels bullish in 2025 about the software sector, the analyst tells investors. The firm’s forensic analysis points to software earnings surprises and estimate revisions.
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Read More on CRWD:
- Cognizant, CrowdStrike announce strategic partnership
- Citi ups CrowdStrike target, opens ‘negative catalyst watch’
- CrowdStrike price target raised to $410 from $370 at Cantor Fitzgerald
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