Baird analyst Shrenik Kothari raised the firm’s price target on Crowdstrike (CRWD) to $390 from $375 and keeps an Outperform rating on the shares. The firm said they delivered a solid Q3, driven by Falcon Flex momentum, though as expected, post-incident near-term headwinds and visibility challenges, including extended sales-cycles, underscore temporary volatility in ARR/FCF momentum.
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