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Crowdstrike price target raised to $200 from $186 at Barclays
The Fly

Crowdstrike price target raised to $200 from $186 at Barclays

Barclays analyst Saket Kalia raised the firm’s price target on Crowdstrike to $200 from $186 and keeps an Overweight rating on the shares following the investor day. The company’s long-term targets call for more margin expansion than expected while Cloud and Identity all add to $100B in total addressable market and the platform story, the analyst tells investors in a research note.

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