Rosenblatt raises CrowdStrike PT on strong customer feedback
Rosenblatt raises PT on cybersecurity firm CrowdStrike Holdings CRWD.O to $550 from $490
Brokerage sees 21% YoY growth following encouraging partner and customer feedback at CrowdStrike's annual Fal.Con conference
"We believe this increased confidence is informed by extensive conversations with partners and customers at the Fal.con exhibit hall, who consistently noted the products are an 'easy sell' and expressed strong satisfaction with the offerings" - Rosenblatt
34 of 55 analysts rate stock "buy" or higher, 20 "hold", and one "sell"; median PT is $500 - data compiled by LSEG
As of last close, CRWD stock up 46.9% YTD
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