Stifel Maintains Buy on CrowdStrike Holdings, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback has reaffirmed a Buy rating on CrowdStrike Holdings (NASDAQ:CRWD) and increased the price target from $225 to $240.
November 29, 2023 | 4:26 pm
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POSITIVE IMPACT
Stifel analyst Brad Reback maintains a Buy rating on CrowdStrike Holdings and raises the price target to $240, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Brad Reback suggests a strong conviction in CrowdStrike's future performance. This typically instills confidence in investors and can lead to a short-term increase in the stock price as market participants react to the analyst's upgraded outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100