Cantor Fitzgerald analyst Jonathan Ruykhaver raised the firm’s price target on Crowdstrike to $400 from $360 and keeps an Overweight rating on the shares post the Q4 results. CrowdStrike reported a “clean finish” to fiscal 2024 as revenue and annual recurring revenue beat consensus estimates, as did operating income and free cash flow. “If we were to give out a cybersecurity award for the best-performing vendor for this earnings season, it would be CrowdStrike,” writes Cantor.
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