UBS lowered the firm’s price target on CrowdStrike (CRWD) to $425 from $450 and keeps a Buy rating on the shares. CrowdStrike reported strong Q4 results, including $224M in net new annual recurring revenue, but didn’t offer much clarity into the timing or magnitude of a second half NNARR reacceleration, the analyst tells investors in a research note. Management’s views on competition and churn suggest they are feeling more comfortable moving into fiscal 2026, the firm says.
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