Crowdstrike price target raised to $195 from $170 at Deutsche Bank

Deutsche Bank raised the firm’s price target on Crowdstrike to $195 from $170 and keeps a Hold rating on the shares. The company exceeded fiscal Q3 expectations and while the macro environment remains challenging, management maintains confidence amid record Q4 pipelines, rising win rates and broader platform adoption, the analyst tells investors in a research note. The firm still believes endpoint is increasingly competitive, especially in the mid-market.