Baird analyst Shrenik Kothari raised the firm’s price target on Crowdstrike (CRWD) to $390 from $375 and keeps an Outperform rating on the shares. The firm said they delivered a solid Q3, driven by Falcon Flex momentum, though as expected, post-incident near-term headwinds and visibility challenges, including extended sales-cycles, underscore temporary volatility in ARR/FCF momentum.
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Read More on CRWD:
- Crowdstrike price target raised to $400 from $310 at Susquehanna
- Crowdstrike price target raised to $375 from $290 at Piper Sandler
- Crowdstrike price target lowered to $365 from $370 at RBC Capital
- Crowdstrike price target raised to $400 from $350 at Wells Fargo
- Crowdstrike price target raised to $400 from $365 at BofA