BTIG raised the firm’s price target on Crowdstrike to $432 from $322 and keeps a Buy rating on the shares. The company delivered an “exceptional” Q4 print as net ARR additions inflected higher for the second consecutive quarter to $282M, up 27% from last year and well above the buy-side at $235M, the analyst tells investors in a research note. Driving the upside was strength across the platform with notable strength at emerging products – LogScale, Identity Protection, and Cloud Security, the firm added.
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