Truist analyst Joel Fishbein raised the firm’s price target on CrowdStrike (CRWD) to $550 from $500 and keeps a Buy rating on the shares. The firm is positive on the company’s Fal.Con FY27 targets, total addressable market, and new solutions, also noting that CrowdStrike is set up well to benefit from continued tailwinds of vendor consolidation, AI, and a heightened threat environment, the analyst tells investors in a research note.
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