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Crowdstrike price target raised to $239 from $192 at BTIG

BTIG analyst Gray Powell raised the firm’s price target on Crowdstrike to $239 from $192 and keeps a Buy rating on the shares after speaking with contacts in the security space and ahead of quarterly results. Overall, the firm’s checks on Crowdstrike were consistently strong. And BTIG left its work feeling highly confident in the company’s ability to hit Street estimates for Q3 2024.

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