Citigroup Maintains Buy on CrowdStrike Holdings, Lowers Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Fatima Boolani maintains a Buy rating on CrowdStrike Holdings (NASDAQ:CRWD) but lowers the price target from $345 to $300.
August 14, 2024 | 3:57 pm
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Citigroup analyst Fatima Boolani maintains a Buy rating on CrowdStrike Holdings but lowers the price target from $345 to $300.
The maintained Buy rating suggests continued confidence in CrowdStrike's long-term prospects, but the lowered price target indicates some caution regarding short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100