Morgan Stanley Maintains Equal-Weight on CrowdStrike Holdings, Raises Price Target to $203
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Hamza Fodderwala has maintained an Equal-Weight rating on CrowdStrike Holdings (CRWD) and increased the price target from $187 to $203.
November 29, 2023 | 3:13 pm
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POSITIVE IMPACT
Morgan Stanley has reaffirmed its Equal-Weight rating on CrowdStrike Holdings and raised the price target to $203, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive sentiment towards CrowdStrike's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price. However, since the rating remains Equal-Weight, the impact might be moderate rather than strong.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100