CrowdStrike Holdings (CRWD) Receives a Buy from Scotiabank
In a report released today, Patrick Colville from Scotiabank reiterated a Buy rating on CrowdStrike Holdings, with a price target of $475.00.
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According to TipRanks, Colville is an analyst with an average return of -0.3% and a 44.63% success rate. Colville covers the Technology sector, focusing on stocks such as Akamai, Check Point, and Fortinet.
In addition to Scotiabank, CrowdStrike Holdings also received a Buy from TipRanks – Google’s Google Software – Infrastructure in a report issued today. However, on the same day, Canaccord Genuity maintained a Hold rating on CrowdStrike Holdings (NASDAQ: CRWD).
Based on CrowdStrike Holdings’ latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $1.31 billion and a net profit of $38.69 million. In comparison, last year the company earned a revenue of $1.06 billion and had a GAAP net loss of $92.28 million
Based on the recent corporate insider activity of 115 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CRWD in relation to earlier this year. Last month, George Kurtz, the President & CEO of CRWD sold 28,853.00 shares for a total of $11,916,487.14.
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- CrowdStrike price target lowered to $500 from $555 at BMO Capital
- CrowdStrike price target lowered to $525 from $590 at UBS
- CrowdStrike price target lowered to $400 from $515 at Canaccord
- CrowdStrike price target raised to $475 from $472 at JPMorgan
- CrowdStrike price target raised to $368 from $353 at Bernstein
