Oppenheimer Maintains Outperform on CrowdStrike Holdings, Lowers Price Target to $365
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ittai Kidron maintains an Outperform rating on CrowdStrike Holdings but lowers the price target from $450 to $365.
August 29, 2024 | 1:01 pm
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Oppenheimer has maintained its Outperform rating on CrowdStrike Holdings but has lowered the price target from $450 to $365, indicating a more conservative outlook.
The maintenance of an Outperform rating suggests continued confidence in CrowdStrike's performance, but the lowered price target reflects a more cautious outlook, possibly due to market conditions or company-specific factors. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100