CrowdStrike Holdings (CRWD) PT Raised to $90 at RBC Capital Into Q1 Results

RBC Capital analyst Matthew Hedberg raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $90.00 (from $73.00) while maintaining an Outperform rating.

The analyst commented, "We expect CrowdStrike to deliver a strong quarter through a combination of robust customer adds and continued application expansion, as we believe the company remains well positioned to consolidate security spend beyond legacy AV. We maintain our Outperform rating and raise our price target to $90 from $73 on peer multiple expansion and strong checks."

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