Stephens analyst Brian Colley raised the firm’s price target on Crowdstrike to $173 from $161 and keeps an Overweight rating on the shares and reiterates the stock as a 2023 Best Idea following "strong" Q4 results that "exceeded expectations across the board." The firm sees an attractive risk/ reward at current levels for what it calls "a best-in-class cybersecurity asset that is well-positioned to deliver long-term durable growth at scale."
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