Truist Securities analyst Junaid Siddiqui raised the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $750.00 (from $650.00) while maintaining a Buy rating.

The analyst comments "CRWD delivered a strong start to FY27, with results and guidance reflecting a clear inflection in AI-driven demand following the April “Mythos” moment. The magnitude of the full-year net new ARR raise exceeded the Q1 beat, supported by record pipeline and early evidence of incremental AI-related security spend. Emerging products, particularly AIDR, are gaining traction quickly, while Falcon Flex continues to drive durable expansion and platform consolidation. We believe CRWD remains one of the best-positioned vendors to benefit from the increasing convergence of AI and cybersecurity. We reiterate our Buy rating and raise our PT to $750."