Needham Maintains Buy on CrowdStrike Holdings, Lowers Price Target to $375
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Alex Henderson maintains a Buy rating on CrowdStrike Holdings (NASDAQ:CRWD) but lowers the price target from $425 to $375.

July 30, 2024 | 10:10 am
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Needham analyst Alex Henderson maintains a Buy rating on CrowdStrike Holdings but lowers the price target from $425 to $375.
The maintained Buy 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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100