Crowdstrike price target raised to $155 from $137 at JPMorgan

JPMorgan raised the firm’s price target on Crowdstrike to $155 from $137 and keeps an Overweight rating on the shares post the Q4 results. The company reported a "quick recovery" from last quarter with better execution, the analyst tells investors in a research note. The firm says the results reflected strong demand for Crowdstrike’s AI-driven platform as the company continues to consolidate share. It continues to view Crowdstrike as one of the best positioned to consolidate share in its markets and is encouraged by the sequential improvement in a challenging macro environment.