Bernstein Maintains Outperform on CrowdStrike Holdings, Lowers Price Target to $327
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Peter Weed maintains an Outperform rating on CrowdStrike Holdings (NASDAQ:CRWD) but lowers the price target from $334 to $327.
September 05, 2024 | 11:53 am
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Bernstein analyst Peter Weed continues to rate CrowdStrike Holdings as Outperform, indicating confidence in the company's performance. However, the price target is slightly reduced from $334 to $327, suggesting a minor adjustment in expected valuation.
The Outperform rating suggests continued confidence in CrowdStrike's performance, which is positive. However, the slight reduction in the price target indicates a minor adjustment in expected valuation, which could be seen as a neutral factor in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100