Barclays lowered the firm’s price target on Crowdstrike to $162 from $165 and keeps an Overweight rating on the shares. The company’s investor briefing reiterated the $5B fiscal 2026 annual recurring revenue target, and provided new long-term targets on free cash flow margin that underpin the stock’s free cash flow-based valuation, the analyst tells investors in a research note.
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Published first on TheFly
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