Goldman Sachs Downgrades CrowdStrike Holdings (CRWD) to Sell

October 11, 2019 6:47 AM EDT
Get Alerts CRWD Hot Sheet
Price: $259.86 +2.26%

Rating Summary:
    23 Buy, 4 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 8 | Down: 13 | New: 22
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Goldman Sachs analyst Heather Bellini downgraded CrowdStrike Holdings (NASDAQ: CRWD) from Neutral to Sell with a price target of $66.00 (from $83.00).

The analyst comments "While we see the CrowdStrike as very well positioned in the market for endpoint security, and expect continued upside to estimates, our blue sky analysis suggests this is likely priced in at current levels."

For an analyst ratings summary and ratings history on CrowdStrike Holdings click here. For more ratings news on CrowdStrike Holdings click here.

Shares of CrowdStrike Holdings closed at $59.85 yesterday.

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