Crowdstrike reassures customers outage won’t happen again, says DA Davidson

DA Davidson keeps a Buy rating and $310 price target on Crowdstrike after attending the company’s Fal.Con event. The presentation addresed concerns as the management reassured customers that the updating processes have been standardized to prevent the outage incident from ever happening again, the analyst tells investors in a research note, adding that the firm’s discussions with over two dozen customers saw “overwhelming positive feedback” in terms of Crowdstrike’s resolution, support and transparent communication all throughout the incident.