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Crowdstrike price target raised to $186 from $174 at Scotiabank

Scotiabank analyst Patrick Colville raised the firm’s price target on Crowdstrike to $186 from $174 and keeps an Outperform rating on the shares following the investor briefing. CrowdStrike is innovating quickly, announcing multiple products that will prove to be material contributors to its business, the analyst tells investors in a research note. The firm left the event “deeply impressed by the continued execution across both product development and financial discipline.”

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