DA Davidson Maintains Buy on CrowdStrike Holdings, Lowers Price Target to $380
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Rudy Kessinger maintains a Buy rating on CrowdStrike Holdings (NASDAQ:CRWD) but lowers the price target from $425 to $380.
June 05, 2024 | 2:49 pm
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NEUTRAL IMPACT
DA Davidson analyst Rudy Kessinger maintains a Buy rating on CrowdStrike Holdings but lowers the price target from $425 to $380.
The maintained Buy rating suggests continued confidence in CrowdStrike's performance, but the lowered price target indicates some caution about its short-term growth potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100