Crowdstrike Holdings Inc (NASDAQ:CRWD) Receives Average Recommendation of “Buy” from Analysts

Crowdstrike Holdings Inc (NASDAQ:CRWD) has been assigned an average recommendation of “Buy” from the sixteen research firms that are covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $78.19.

CRWD has been the subject of several research reports. JPMorgan Chase & Co. raised shares of M.D.C. from an “underweight” rating to a “neutral” rating in a research note on Monday, July 8th. Goldman Sachs Group reissued a “hold” rating and set a $8.40 price objective on shares of Deutsche Bank in a research note on Monday, July 8th. Royal Bank of Canada cut shares of 3M from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from $207.00 to $176.00 in a research note on Monday, July 8th. Stifel Nicolaus initiated coverage on shares of AAR in a research note on Monday, July 8th. They set a “buy” rating and a $50.00 price objective for the company. Finally, JMP Securities initiated coverage on shares of Fiverr International in a research note on Monday, July 8th. They set an “outperform” rating and a $33.00 price objective for the company.

In other Crowdstrike news, Director Sameer K. Gandhi purchased 650,000 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The stock was purchased at an average cost of $34.00 per share, with a total value of $22,100,000.00. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, major shareholder Capitalg Lp purchased 140,000 shares of the firm’s stock in a transaction that occurred on Friday, June 14th. The shares were acquired at an average cost of $34.00 per share, with a total value of $4,760,000.00. The disclosure for this purchase can be found here.



CRWD stock traded up $2.62 during midday trading on Monday, hitting $73.50. The stock had a trading volume of 1,836,718 shares, compared to its average volume of 2,633,953. Crowdstrike has a 12-month low of $56.00 and a 12-month high of $79.79.

Crowdstrike Company Profile

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Analyst Recommendations for Crowdstrike (NASDAQ:CRWD)

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