Analysts raise CRWD price targets by over 20% each, citing strong growth prospects before the cybersecurity firm reports earnings.
Stifel and Cantor Fitzgerald increased their price targets for CrowdStrike (CRWD) ahead of its earnings report. Stifel raised its target to $660 from $480, while Cantor lifted its estimate to $700 from $550, reflecting optimism in the company’s outlook.
The upgrades follow prior analyst adjustments and come as investors await quarterly results. Both firms highlighted CrowdStrike’s market position and growth potential, though no specific consensus estimate was provided for comparison.
Shares of CRWD may see upward pressure as traders digest the revised targets and prepare for the earnings release.