CRWD - CrowdStrike Is This Analyst's 'Top Pick For 2024' In Cybersecurity Plus 4 Tailwinds | Benzinga
Shares of CrowdStrike Holdings Inc (NASDAQ: CRWD) spiked in 2023, given rising cybersecurity spend by organizations and the company’s solid quarterly results.
Cybersecurity spending by large enterprises is likely to remain positive in 2024, and platform vendors like CrowdStrike are "well-positioned to capture an outsized share of spend,” according to Oppenheimer.
The CrowdStrike Holdings Analyst: Ittai Kidron maintained an Outperform rating for CrowdStrike, while raising the price target from $240 to $300.
The CrowdStrike Holdings Thesis: The Austin, Texas-based company faces ...