Rosenblatt Maintains Buy on CrowdStrike Holdings, Lowers Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Rosenblatt analyst Catharine Trebnick maintains a Buy rating on CrowdStrike Holdings (NASDAQ:CRWD) but lowers the price target from $420 to $350.

July 24, 2024 | 11:17 am
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NEUTRAL IMPACT
Rosenblatt analyst Catharine Trebnick maintains a Buy rating on CrowdStrike Holdings but lowers the price target from $420 to $350.
The maintained Buy rating suggests continued confidence in CrowdStrike's long-term prospects. However, the lowered price target indicates a more cautious short-term outlook, likely due to market conditions or company-specific factors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100