BofA analyst Tal Liani raised the firm’s price target on CrowdStrike (CRWD) to $420 from $400 and keeps a Buy rating on the shares ahead of the company reporting Q4 earnings on Tuesday, March 4. The firm expects the quarter to be at least in-line with Street estimates, says the analyst, who cites reduced concerns over near-term trends and a positive long-term outlook for the firm’s target increase.
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Read More on CRWD:
- CrowdStrike’s Strong Market Position and Growth Potential Justify Buy Rating Despite Cash Flow Concerns
- CrowdStrike price target raised to $450 from $380 at TD Cowen
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