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CrowdStrike price target raised to $550 from $490 at Rosenblatt

Rosenblatt raised the firm’s price target on CrowdStrike (CRWD) to $550 from $490 and keeps a Buy rating on the shares. The firm has increased confidence in the shares following conversations with CrowdStrike’s partners and customers at the Fal.con exhibit hall. The feedback shows the company’s products are an “easy sell” with strong satisfaction, the analyst tells investors in a research note.

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