Morgan Stanley Downgrades CrowdStrike Holdings to Equal-Weight, Lowers Price Target to $167
Portfolio Pulse from richadhand@benzinga.com
Morgan Stanley analyst Hamza Fodderwala has downgraded CrowdStrike Holdings (NASDAQ:CRWD) from Overweight to Equal-Weight and lowered the price target from $178 to $167.
August 28, 2023 | 8:41 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
CrowdStrike Holdings has been downgraded by Morgan Stanley from Overweight to Equal-Weight, with a lowered price target from $178 to $167.
The downgrade from Morgan Stanley could potentially lead to a decrease in the stock price of CrowdStrike Holdings in the short term. The lowered price target also indicates a less optimistic outlook for the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100