2023-04-15 08:35:00 ET
CrowdStrike (NASDAQ: CRWD) has been on fire recently. Shares of the cybersecurity company have rallied 30% already this year and were recently closing in on $140 a share. According to Wall Street analysts, the company could have a lot further to run.
Several analysts boosted their price target on CrowdStrike's stock following its investor briefing earlier this month. Here's why they're so bullish on the cybersecurity stock .
The central theme of CrowdStrike's April investor briefing was the superiority of its AI -powered platform compared to peers, most notably Microsoft (NASDAQ: MSFT) . CrowdStrike showcased that its platform offers better coverage with less complexity and potential for catastrophe than Microsoft's platform.
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