Reported 3 days ago
Analysts are revising the price targets for CrowdStrike (CRWD) ahead of its third-quarter earnings release on November 26, following a major IT outage in July that impacted numerous industries, including airlines. Despite facing short-term challenges due to the outage, investment firms like Wedbush and Truist are optimistic about CrowdStrike's long-term growth, boosting their price targets significantly. With a rise in stock value over the past year and a strong portfolio in cybersecurity, analysts maintain a positive outlook on the company's recovery.
Source: YAHOO