Scotiabank Downgrades CrowdStrike Holdings to Sector Perform, Lowers Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Scotiabank has downgraded CrowdStrike Holdings (NASDAQ:CRWD) from Sector Outperform to Sector Perform and lowered its price target from $393 to $300.
July 22, 2024 | 4:52 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Scotiabank has downgraded CrowdStrike Holdings from Sector Outperform to Sector Perform and reduced the price target from $393 to $300.
The downgrade from Sector Outperform to Sector Perform and the significant reduction in the price target from $393 to $300 by Scotiabank is likely to negatively impact CrowdStrike's stock price in the short term. Investors may perceive this as a signal of potential challenges or lower growth expectations for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100