Deutsche Bank Maintains Hold on CrowdStrike Holdings, Lowers Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Brad Zelnick has maintained a Hold rating on CrowdStrike Holdings (NASDAQ:CRWD) but has lowered the price target from $350 to $275.
August 26, 2024 | 5:17 pm
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Deutsche Bank has maintained its Hold rating on CrowdStrike Holdings but reduced the price target from $350 to $275, indicating a more cautious outlook.
The reduction in the price target from $350 to $275 by Deutsche Bank suggests a less optimistic view on CrowdStrike's future performance. This could lead to a negative short-term impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100