CrowdStrike Stock Is Sliding Tuesday: What's Going On?
Portfolio Pulse from Adam Eckert
CrowdStrike Holdings Inc (NASDAQ:CRWD) shares are trading lower after Piper Sandler downgraded the stock to Neutral. Despite this, other analysts have maintained positive ratings with varying price targets.
July 02, 2024 | 1:27 pm
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NEGATIVE IMPACT
CrowdStrike shares are down 2.21% after Piper Sandler downgraded the stock to Neutral. Other analysts have maintained positive ratings with price targets ranging from $385 to $440.
The downgrade by Piper Sandler to Neutral is likely causing the immediate negative impact on CRWD's stock price. However, the overall sentiment from other analysts remains positive, which could mitigate the downside in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100