Rosenblatt raised the firm’s price target on Crowdstrike (CRWD) to $385 from $325 and keeps a Buy rating on the shares ahead of the Q3 report on November 26. The firm says investors will continue to focus on CrowdStrike’s recovery from the July 19 outage. Its channel checks suggest customers remain confident in the company and are not stepping away. The analyst anticipates moderate upside for the quarter and a slightly raised guidance.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRWD:
- Crowdstrike price target raised to $400 from $325 at Evercore ISI
- Options Volatility and Implied Earnings Moves This Week, November 25 – November 29, 2024
- CrowdStrike (CRWD) Q3 Pre-Earnings: Here’s What to Expect
- CRWD Upcoming Earnings Report: What to Expect?
- Crowdstrike price target raised to $369 from $330 at JPMorgan
Questions or Comments about the article? Write to editor@tipranks.com