Cantor Fitzgerald Maintains Overweight on CrowdStrike Holdings, Lowers Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Yi Fu Lee maintains an Overweight rating on CrowdStrike Holdings (NASDAQ:CRWD) but lowers the price target from $400 to $350.

August 29, 2024 | 3:25 pm
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NEGATIVE IMPACT
Cantor Fitzgerald maintains an Overweight rating on CrowdStrike Holdings but lowers the price target from $400 to $350, indicating a more cautious outlook.
The maintenance of an Overweight rating suggests continued confidence in CrowdStrike's performance, but the lowered price target indicates a more cautious outlook, likely due to market conditions or company-specific factors. This could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100