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Analysts Have Conflicting Sentiments on These Technology Companies: CrowdStrike Holdings (CRWD) and Cricut Inc (CRCT)

Tipranks - Fri Mar 6, 1:10AM CST

Analysts have been eager to weigh in on the Technology sector with new ratings on CrowdStrike Holdings (CRWDResearch Report) and Cricut Inc (CRCTResearch Report).

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CrowdStrike Holdings (CRWD)

In a report released yesterday, Rahul Chopra from Berenberg Bank assigned a Buy rating to CrowdStrike Holdings, with a price target of $525.00. The company’s shares closed last Wednesday at $407.68.

According to TipRanks.com, Chopra is a 4-star analyst with an average return of 10.5% and a 63.8% success rate. Chopra covers the Technology sector, focusing on stocks such as Rubrik, Inc. Class A, SailPoint, Inc., and SentinelOne. ;'>

Currently, the analyst consensus on CrowdStrike Holdings is a Moderate Buy with an average price target of $484.14, implying a 25.4% upside from current levels. In a report released yesterday, Piper Sandler also upgraded the stock to Buy with a $520.00 price target.

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Cricut Inc (CRCT)

In a report released yesterday, Erik Woodring from Morgan Stanley maintained a Sell rating on Cricut Inc, with a price target of $3.10. The company’s shares closed last Wednesday at $4.52.

According to TipRanks.com, Woodring is a 5-star analyst with an average return of 17.7% and a 60.3% success rate. Woodring covers the Technology sector, focusing on stocks such as Ingram Micro Holding Corporation, International Business Machines, and Hewlett Packard Enterprise. ;'>

Cricut Inc has an analyst consensus of Moderate Sell, with a price target consensus of $3.18, a -26.9% downside from current levels. In a report released yesterday, Goldman Sachs also maintained a Sell rating on the stock with a $3.25 price target.

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