CRWD - CrowdStrike To See Significant Market Expansion and Sustained Growth - Analyst Upgrades Stock | Benzinga
Stifel analyst Adam C. Borg upgraded CrowdStrike Holdings Inc (NASDAQ: CRWD) to Buy from Hold with an increased price target of $225 from $153.
The analyst sees CRWD well positioned to capitalize on cybersecurity platform consolidation in coming years through internal development and targeted M&As.
Overall, the portfolio expansion and market growth offer CrowdStrike an overall $100 billion addressable market in 2024, which is expected to grow to $225 billion ...