CrowdStrike Holdings (CRWD) PT Lowered to $190 at MKM Partners

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Wolfe Research says questions around demand drove CrowdStrike (CRWD) weakness

December 1, 2022 10:28 AM EST

Wolfe Research downgraded CrowdStrike Holdings Inc. (NASDAQ: CRWD) to Peer Perform from Outperform in a note to clients on Thursday, removing the price target.

Analyst Joshua Tilton told investors that CrowdStrike delivered underwhelming F3Q23 earnings with a miss on net new ARR in the quarter and provided... More