Scotiabank analyst Patrick Colville raised the firm’s price target on CrowdStrike (CRWD) to $300 from $265 and keeps a Sector Perform rating on the shares. The consensus seems confident about the company’s ability to come out of its July Falcon outage in 2025 stronger, but the firm worries about the near-term setup given volatile top and bottom-line estimates, the analyst tells investors.
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Read More on CRWD:
- Morning Movers: Symbotic sinks following delay of 1oK filing
- Crowdstrike price target raised to $420 from $360 at Needham
- Crowdstrike price target raised to $380 from $315 at BMO Capital
- Crowdstrike price target raised to $410 from $365 at Oppenheimer
- Crowdstrike price target raised to $400 from $300 at Citi
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
