DA Davidson keeps a Buy rating and $165 price target on Crowdstrike after its Investor Briefing presentation affirmed is FY26 $5B ARR target but boosted its free cash flow margin call to 32% or more vs. 30% or more previously. The runway for continued share gains is very long, and Crowdstrike is very well positioned for vendor consolidation, the analyst tells investors in a research note.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on CRWD:
- 3 Best Stocks to Buy Now, 4/6/2023, According to Top Analysts
- Crowdstrike price target lowered to $162 from $165 at Barclays
- Crowdstrike to hold a virtual investor briefing
- 3 Best Stocks to Buy Now, 3/29/2023, According to Top Analysts
- Cantor security software analysts hold analyst/industry conference call