CrowdStrike says over 97% of Windows sensors back online

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CrowdStrike stock is no longer a Top Pick at JPMorgan after a recent IT outage

July 29, 2024 10:28 AM EDT

JPMorgan analysts have removed CrowdStrike Holdings Inc. (NASDAQ: CRWD) from their Analyst Focus List following a recent IT outage caused by a Falcon content update file.

Despite maintaining an Overweight rating, the analysts have adjusted their price target for CrowdStrike to $330 from the previous $400, reflecting anticipated headwinds in the near term.

The IT outage, which occurred on July 19th, initially damaged CrowdStrikes reputation. However, JPMorgan analysts noted... More

Microsoft (MSFT) stock ain't cheap but AI story 'has barely played-out': UBS

July 26, 2024 12:03 PM EDT

Ahead of Microsoft's (NASDAQ: MSFT) upcoming 4Q earnings report, UBS analysts highlighted three main discussion points in a note Friday: Azure's potential upside from AI and core demand, capital expenditure trends, and the growth trajectory of Office 365.

The analysts maintained a Buy rating and $520 per share target on Microsoft, emphasizing that the company's involvement in AI is a major driver of its future growth.

"The... More

BMO Capital Reiterates Outperform Rating on CrowdStrike Holdings (CRWD)

July 26, 2024 5:46 AM EDT

BMO Capital analyst Keith Bachman reiterated an Outperform rating and $410.00 price target on CrowdStrike Holdings (NASDAQ: CRWD).

The analyst comments "While we are still in the process of assessing the financial impact of CRWDs outage, including the depth (how bad can... More