Poulin I Willey I Anastopoulo Announces Investigation Of Crowdstrike Holdings, Inc (CRWD)

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CrowdStrike Holdings (CRWD) PT Lowered to $325 at Evercore ISI

July 30, 2024 5:04 AM EDT

Evercore ISI analyst Peter Levine lowered the price target on CrowdStrike Holdings (NASDAQ: CRWD) to $325.00 (from $350.00) while maintaining a Outperform rating.

The analyst comments "Given the uncertainties, it's highly unlikely that mgmt will be able to confidently commit to a 2H guide within the next five weeks, assuming they... More

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