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CrowdStrike price target raised to $515 from $500 at Barclays

Barclays raised the firm’s price target on CrowdStrike (CRWD) to $515 from $500 and keeps an Overweight rating on the shares following the investor day. The “most investable” takeaway was that the company’s fiscal 2027 net new annual recurring revenue should continue to accelerate with 20% year-over-year, the analyst tells investors in a research note.

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