Crowdstrike price target lowered to $190 from $200 at Evercore ISI

Evercore ISI analyst Peter Levine lowered the firm’s price target on Crowdstrike to $190 from $200 and keeps an Outperform rating on the shares following a "solid" Q4 results that the firm calls "yet another validation point reaffirming that cybersecurity is proving to be a lot more defensible than some might have feared." Macro pressures are unlikely to abate anytime soon, but management’s tone "seemed a lot more optimistic" than last quarter, the analyst tells investors.