DA Davidson raised the firm’s price target on CrowdStrike (CRWD) to $515 from $490 and keeps a Buy rating on the shares after the company’s Investor Session. CrowdStrike’s new product announcements were more limited than day one, even though the agentic agent demos during the keynote were compelling, the analyst tells investors in a research note. CrowdStrike’s new FY36 annual recurring revenue target of $20B also “appears achievable”, the firm added.
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