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CrowdStrike price target raised to $510 from $410 at Roth Capital

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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