CrowdStrike Holdings shares are trading higher after Mizuho maintained a Buy rating on the stock and raised its price target from $225 to $275. Also, BMO Capital maintained an Outperform rating on the stock and raised its price target from $238 to $270.
Portfolio Pulse from Benzinga Newsdesk
CrowdStrike Holdings' stock (CRWD) is trading higher following positive analyst actions. Mizuho maintained a Buy rating and increased its price target from $225 to $275. BMO Capital also maintained an Outperform rating and raised its price target from $238 to $270.
December 15, 2023 | 7:40 pm
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POSITIVE IMPACT
CrowdStrike Holdings' shares are likely to experience a short-term positive impact due to the raised price targets and maintained positive ratings from Mizuho and BMO Capital.
The increase in price targets by reputable analysts such as Mizuho and BMO Capital typically signals a strong conviction in the company's future performance. This can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100