BMO Capital Maintains Outperform Rating for CrowdStrike Holdings: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
BMO Capital has maintained its Outperform rating for CrowdStrike Holdings (NASDAQ:CRWD) and raised its price target from $152.00 to $165.00. CrowdStrike is a cloud-based cybersecurity company specializing in next-generation endpoint and cloud workload protection.
June 01, 2023 | 5:02 pm
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BMO Capital maintains Outperform rating for CrowdStrike Holdings and raises price target from $152.00 to $165.00, indicating a potential 5.14% increase.
BMO Capital's decision to maintain an Outperform rating and raise the price target for CrowdStrike Holdings indicates a positive outlook for the company's stock. This is likely to have a short-term positive impact on CRWD's stock price, as investors may see the raised target as a sign of confidence in the company's performance and growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100