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Crowdstrike price target raised to $372 from $304 at Morgan Stanley
The Fly

Crowdstrike price target raised to $372 from $304 at Morgan Stanley

Morgan Stanley analyst Hamza Fodderwala raised the firm’s price target on Crowdstrike to $372 from $304 and keeps an Overweight rating on the shares. After having hosted CrowdStrike CEO George Kurtz, President Michael Sentonas and Head of IR Maria Riley for dinner last week, the firm remains “bullish” as it says the company is seeing improving win rates, strong new product pipeline and no signs of slowing demand.

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