Needham Maintains Buy on CrowdStrike Holdings, Lowers Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Alex Henderson maintains a Buy rating on CrowdStrike Holdings (NASDAQ:CRWD) but lowers the price target from $375 to $350.

August 29, 2024 | 11:25 am
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Needham analyst Alex Henderson maintains a Buy rating on CrowdStrike Holdings but lowers the price target from $375 to $350, indicating a positive outlook with some caution.
The analyst's decision to maintain a Buy rating suggests confidence in CrowdStrike's performance, but the lowered price target indicates some caution about its short-term potential. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100