Morgan Stanley analyst Keith Weiss raised the firm’s price target on CrowdStrike (CRWD) to $475 from $460 and keeps an Equal Weight rating on the shares after having attended the Fal.Con User Conference and investor briefing in Las Vegas on Wednesday. On the financial front, the breakdown for greater than 20% net new ARR growth in FY27 and new $20B ARR target by FY36 were “most incrementally positive,” the analyst tells investors after the analyst day event.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRWD:
- CrowdStrike Holdings: Strong Market Position and Growth Potential Highlighted by Innovative Strategies and Strategic Partnerships
- CrowdStrike price target raised to $510 from $410 at Roth Capital
- CrowdStrike price target raised to $510 from $495 at KeyBanc
- CrowdStrike Holdings: Balancing Growth Opportunities in AI Security with Market Deceleration and Fair Valuation
- Cautious Optimism for CrowdStrike Holdings Amid Growth Ambitions and Revenue Uncertainties
