Crowdstrike price target raised to $238 from $186 at Scotiabank

Scotiabank raised the firm’s price target on Crowdstrike to $238 from $186 and keeps an Outperform rating on the shares. The company reported a solid Q3 across top- and bottom-line metrics, the analyst tells investors in a research note. The firm continues to see CrowdStrike as the “vendor to beat” in endpoint security and says the company’s platform message resonating with customers. –