CrowdStrike price target raised to $250 from $206 at Rosenblatt

Rosenblatt analyst Catharine Trebnick raised the firm’s price target on CrowdStrike (CRWD) to $250 from $206 and keeps a Buy rating on the shares. CrowdStrike beat every guided metric and “then did the thing that matters more: it put the beat into the full-year outlook and added to it,” the analyst tells investors. Management called it the best quarter in company history and the guidance is “what makes that more than a characterization,” adds the analyst.

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