Mizuho analyst Gregg Moskowitz raised the firm’s price target on Crowdstrike to $195 from $180 and keeps a Buy rating on the shares following the investor meeting. The company disclosed pricing information on Charlotte AI, its generative artificial intelligence solution, and provided long-term margin guidance that was materially better than its prior long-term guidance, the analyst tells investors in a research note. The firm continues to believe Crowdstrike’s cloud platform “remains very differentiated.” The stock remains a top pick at Mizuho.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CRWD:
- Crowdstrike price target raised to $200 from $186 at Barclays
- Crowdstrike up 4% afterhours at $170.00 after raising target model projections
- Crowdstrike announces new target model to be achieved within 3-5 years
- Crowdstrike’s Bionic acquisition can boost product development, says Macquarie
- Crowdstrike confirms deal to acquire Bionic
