CrowdStrike Holdings (CRWD) PT Raised to $450 at Oppenheimer

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CrowdStrike Holdings (CRWD) PT Lowered to $350 at Evercore ISI

July 19, 2024 11:13 AM EDT

Evercore ISI analyst Peter Levine lowered the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $350.00 (from $405.00) while maintaining a Outperform rating.

The analyst comments "This is an unprecedented event and not something we or anyone had in their cards. First, this... More

Citi on CrowdStrike Holdings (CRWD): 'We see risk to billings and ARR', 'Reminiscent of Too Big to Fail'

July 19, 2024 11:10 AM EDT

Citi analyst Fatima Boolani reiterated a Buy rating and $425.00 price target on CrowdStrike Holdings (NASDAQ: CRWD).

The analyst comments "We see risk to billings and ARR on the heels of CRWDs widespread outage, where the roll-out of a defective software update to... More

Goldman Sachs Defending CrowdStrike Holdings (CRWD)

July 19, 2024 9:22 AM EDT

Goldman Sachs analyst Gabriela Borges reiterated a Buy rating and $400.00 price target on CrowdStrike Holdings (NASDAQ: CRWD).

The analyst comments "CrowdStrike is indicated down 13% in pre-market trading on July 19 post news overnight on a widespread outage of Microsoft systems globally, caused by a CrowdStrike update to a Falcon sensor. The outage, coupled with what appears to be an unrelated Microsoft Azure outage on Thursday for some customers in the central United States, has led to disruption of services at several airlines, financial institutions and businesses (WSJ). At 5:45am ET, George... More

Rosenblatt Defending CrowdStrike Holdings (CRWD), 'Buying Opportunity'

July 19, 2024 7:46 AM EDT

Rosenblatt analyst Catherine Trebnick reiterated a Buy rating and $420.00 price target on CrowdStrike Holdings (NASDAQ: CRWD)

The analyst comments "Isolated Incident, Not a Systemic Issue: The outage stemmed from a single faulty update, not a fundamental flaw in CrowdStrike's platform. CEO George Kurtz... More