Evercore ISI analyst Peter Levine raised the firm’s price target on Crowdstrike to $405 from $255 and keeps an Outperform rating on the shares. Conviction heading into the company’s earnings report was “mixed at best given all color commentary from its peers,” but Crowdstrike’s strong close to the year and upbeat commentary into FY25 suggest that the issues which sparked concerns are “likely idiosyncratic,” the analyst tells investors in a post-earnings note.
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