Crowdstrike price target raised to $400 from $320 at Scotiabank

Scotiabank analyst Patrick Colville raised the firm’s price target on Crowdstrike to $400 from $320 and keeps an Outperform rating on the shares. Crowdstrike demonstrated “impressive” Q4 performance across top- and bottom-line metrics, the analyst tells investors. Even with shares up nearly 200% year-over-year, the firm continues to view Crowdstrike as a “must own” stock in technology.