Stifel analyst Adam Borg raised the firm’s price target on CrowdStrike (CRWD) to $480 from $435 and keeps a Buy rating on the shares ahead of the company reporting fiscal Q1 earnings on June 3. Survey worked showed that the percentage of resellers growing their CrowdStrike practices improved quarter-over-quarter, though the percentage of resellers outperforming or coming in-line fell quarter-over-quarter as underperformance levels ticked higher, the analyst tells investors in a preview.
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