CrowdStrike Stock Just Jumped: What's Going On?
Portfolio Pulse from Adam Eckert
CrowdStrike Holdings Inc (NASDAQ:CRWD) shares spiked higher after Ritholtz Wealth Management's Josh Brown made a bullish call on the stock on CNBC's 'Fast Money Halftime Report.' Brown issued a golden cross alert, noting the 50-day moving average crossed above the 200-day moving average. Mizuho analyst Gregg Moskowitz maintained a Buy rating and raised the price target from $175 to $180.
June 15, 2023 | 5:48 pm
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CrowdStrike shares spiked after a bullish call by Josh Brown and a raised price target by Mizuho analyst Gregg Moskowitz.
The bullish call by Josh Brown, who highlighted the golden cross technical setup, and the raised price target by Mizuho analyst Gregg Moskowitz are both positive signals for CrowdStrike's stock. These factors are likely to have a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100