CrowdStrike Holdings shares are trading higher after Piper Sandler upgraded the stock from Neutral to Overweight despite cutting its price target from $310 to $290.
Portfolio Pulse from Benzinga Newsdesk
CrowdStrike Holdings shares are trading higher after Piper Sandler upgraded the stock from Neutral to Overweight despite cutting its price target from $310 to $290.
August 06, 2024 | 10:12 am
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CrowdStrike Holdings shares are trading higher following an upgrade from Piper Sandler from Neutral to Overweight, despite a reduced price target from $310 to $290.
The upgrade to Overweight suggests increased confidence in CrowdStrike's performance, which is likely to drive short-term buying interest, outweighing the impact of the reduced price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100