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Crowdstrike price target raised to $155 from $145 at Citi

Citi analyst Fatima Boolani raised the firm’s price target on Crowdstrike to $155 from $145 and keeps a Buy rating on the shares. Against "mixed sentiment," the company’s "objectively robust" Q4 results should ease market saturation and pricing pressure fears, the analyst tells investors in a research note. The quarter should also refocus investor sentiment on Crowdstrike’s "tangible tech/wallet consolidation potential, emerging module penetration runway, and still-open market share capture scope," says the firm.

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Published first on TheFly

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