JP Morgan Maintains Overweight on CrowdStrike Holdings, Raises Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Brian Essex has maintained an Overweight rating on CrowdStrike Holdings (NASDAQ:CRWD) and increased the price target from $210 to $230.
November 29, 2023 | 12:03 pm
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JP Morgan analyst reaffirms Overweight rating on CRWD and raises price target to $230, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like JP Morgan suggests a strong conviction in CrowdStrike's future performance. This typically instills investor confidence and can lead to a short-term increase in stock price as the market adjusts to the new information.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100