CrowdStrike Holdings (CRWD) PT Raised to $236 at BTIG on Tangential Opportunities in 2021

December 31, 2020 7:21 AM EST
Get Alerts CRWD Hot Sheet
Price: $216.95 -3.8%

Rating Summary:
    43 Buy, 15 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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BTIG analyst Gray Powell raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $236.00 (from $206.00) on an IRR analysis that assumes a ~40% revenue CAGR through CY25 and a one-year forward multiple of 18x at the end of CY24.

The analyst maintained the Buy rating, stating "we continue to have a very high degree of confidence in CRWD’s growth profile - both in terms of its core endpoint target market and tangential opportunities - like Cloud Workload Protection, vulnerability management, and IT Ops (Asset Discovery / Application Visibility)."



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