RBC Capital Maintains Outperform on CrowdStrike Holdings, Lowers Price Target to $380
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on CrowdStrike Holdings (NASDAQ:CRWD) but lowers the price target from $420 to $380.

July 22, 2024 | 2:22 pm
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RBC Capital analyst Matthew Hedberg maintains an Outperform rating on CrowdStrike Holdings but lowers the price target from $420 to $380.
The Outperform rating suggests continued confidence in CrowdStrike's performance, but the lowered price target indicates a more cautious outlook on its short-term valuation. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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