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Crowdstrike to benefit from tailwinds of digital transformation, Truist says

Truist keeps a Buy rating and $175 price target on Crowdstrike after its investor presentation. The company is positioned well to benefit from continued tailwinds of digital transformation, increasing cloud adoption, and a heightened threat environment, the analyst tells investors in a research note. Truist also adds that it continues to be impressed with Crowdstrike’s pace of innovation.

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