Morgan Stanley Upgrades CrowdStrike Holdings to Overweight, Raises Price Target to $304
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Hamza Fodderwala has upgraded CrowdStrike Holdings (CRWD) from Equal-Weight to Overweight and increased the price target from $203 to $304.
January 09, 2024 | 10:17 am
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POSITIVE IMPACT
CrowdStrike Holdings was upgraded by Morgan Stanley from Equal-Weight to Overweight with a price target raised from $203 to $304.
Upgrades by prominent analysts like Morgan Stanley can lead to increased investor confidence and a potential rise in stock price. The substantial increase in the price target suggests a strong bullish outlook for CrowdStrike, which may positively influence the stock's performance in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100