New Buy Rating for CrowdStrike Holdings (CRWD), the Technology Giant
Oppenheimer analyst Ittai Kidron maintained a Buy rating on CrowdStrike Holdings today and set a price target of $500.00.
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According to TipRanks, Kidron is a 4-star analyst with an average return of 4.0% and a 48.48% success rate. Kidron covers the Technology sector, focusing on stocks such as Twilio, MongoDB, and Fortinet.
In addition to Oppenheimer, CrowdStrike Holdings also received a Buy from UBS’s Roger Boyd 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, Burt W. Podbere, the CFO of CRWD sold 7,871.00 shares for a total of $3,272,586.43.
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- CrowdStrike price target raised to $395 from $375 at Evercore ISI
- 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
