Susquehanna Maintains Positive on CrowdStrike Holdings, Lowers Price Target to $310
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Shyam Patil maintains a Positive rating on CrowdStrike Holdings but lowers the price target from $410 to $310.
September 05, 2024 | 1:19 pm
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Susquehanna analyst Shyam Patil maintains a Positive rating on CrowdStrike Holdings but lowers the price target from $410 to $310.
The analyst's decision to maintain a Positive rating suggests continued confidence in CrowdStrike's performance. However, the lowered price target indicates a reassessment of growth expectations, which could lead to mixed investor reactions. The short-term impact on the stock price is likely neutral as the positive rating balances the reduced price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100