Roth Capital analyst Taz Koujalgi raised the firm’s price target on CrowdStrike (CRWD) to $510 from $410 and keeps a Buy rating on the shares following the investor day. The key financial update was the company providing an early annual recurring revenue outlook fiscal 2027 of 20%-plus, the analyst tells investors in a research note. The firm says this had been a concern for investors coming out of the fiscal Q4 earnings call. Roth rolled the price target forward to 2027 estimates.
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Read More on CRWD:
- CrowdStrike price target raised to $510 from $495 at KeyBanc
- CrowdStrike Holdings: Balancing Growth Opportunities in AI Security with Market Deceleration and Fair Valuation
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- CrowdStrike price target raised to $515 from $500 at Barclays
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