RBC Capital analyst Matthew Hedberg raised the firm’s price target on Crowdstrike (CRWD) to $170 from $160 and keeps an Outperform rating on the shares after the company’s Investor Briefing on its product differentiation relative to Microsoft (MSFT), growth initiatives, and the long term model calling for $5B or more in ARR by FY26. The analyst believes that Crowdstrike remains in a strong position to consolidate security spend and gain market share while delivering durable growth at scale and sustained profitability.
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