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Crowdstrike price target raised to $185 from $182 at RBC Capital

RBC Capital analyst Matthew Hedberg raised the firm’s price target on Crowdstrike to $185 from $182 and keeps an Outperform rating on the shares. The company’s Q2 results were “strong” and marked by consistent execution and outperformance across metrics, the analyst tells investors in a research note. RBC adds that it is positive on the continued momentum of Crowdstrike, along with the company’s opportunity to consolidate security spend.

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