CrowdStrike Holdings (CRWD) PT Raised to $750 at Truist Securities
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Rating Summary:
43 Buy, 14 Hold, 2 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 18 | Down: 12 | New: 24
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Truist Securities analyst Junaid Siddiqui raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $750.00 (from $650.00) while maintaining a Buy rating.
The analyst comments "CRWD delivered a strong start to FY27, with results and guidance reflecting a clear inflection in AI-driven demand following the April “Mythos” moment. The magnitude of the full-year net new ARR raise exceeded the Q1 beat, supported by record pipeline and early evidence of incremental AI-related security spend. Emerging products, particularly AIDR, are gaining traction quickly, while Falcon Flex continues to drive durable expansion and platform consolidation. We believe CRWD remains one of the best-positioned vendors to benefit from the increasing convergence of AI and cybersecurity. We reiterate our Buy rating and raise our PT to $750."
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