Barclays Maintains Overweight on CrowdStrike Holdings, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia has maintained an Overweight rating on CrowdStrike Holdings (NASDAQ:CRWD) and increased the price target from $225 to $240.
November 29, 2023 | 10:36 am
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Barclays has reaffirmed its Overweight rating on CrowdStrike Holdings and raised the price target to $240, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Barclays typically signals a bullish sentiment on the stock, suggesting that the company's fundamentals or growth prospects have potentially improved. This can lead to increased investor confidence and a possible short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100