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Crowdstrike price target raised to $390 from $360 at Mizuho

Mizuho analyst Gregg Moskowitz raised the firm’s price target on Crowdstrike to $390 from $360 and keeps a Buy rating on the shares. The company reported an “exceptionally” strong Q4, as annual recurring revenue growth of 34% exceeded the Street’s 33% estimate, and incorporates a record net new ARR generated, the analyst tells investors in a research note.

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