Jefferies Financial Group Boosts Crowdstrike (NASDAQ:CRWD) Price Target to $80.00

Crowdstrike (NASDAQ:CRWD) had its price objective upped by Jefferies Financial Group from $71.00 to $80.00 in a research report released on Friday, The Fly reports.

Other analysts have also issued reports about the stock. Mizuho started coverage on shares of Crowdstrike in a research note on Monday, July 8th. They set a buy rating and a $80.00 price objective for the company. Macquarie raised their price objective on shares of Crowdstrike from $75.00 to $100.00 and gave the company an outperform rating in a research note on Friday. Bank of America restated a sell rating on shares of Deutsche Bank in a research note on Monday, July 8th. JMP Securities started 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. Finally, SunTrust Banks lowered shares of SUNDANCE ENERGY/S to a hold rating in a research note on Monday, July 8th. Five analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Crowdstrike presently has an average rating of Buy and an average target price of $84.47.

NASDAQ:CRWD opened at $83.52 on Friday. Crowdstrike has a fifty-two week low of $56.00 and a fifty-two week high of $85.85.



Crowdstrike (NASDAQ:CRWD) last released its quarterly earnings data on Thursday, July 18th. The company reported ($0.47) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.31) by ($0.16). The business had revenue of $96.10 million for the quarter, compared to analyst estimates of $95.60 million. Crowdstrike’s revenue for the quarter was up 103.2% compared to the same quarter last year. As a group, equities research analysts forecast that Crowdstrike will post -1.29 earnings per share for the current fiscal year.

In related news, Director Sameer K. Gandhi purchased 650,000 shares of the company’s stock in a transaction dated Friday, June 14th. The shares were purchased at an average price of $34.00 per share, with a total value of $22,100,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Capitalg Lp purchased 140,000 shares of the company’s stock in a transaction dated Friday, June 14th. The shares were bought at an average cost of $34.00 per share, for a total transaction of $4,760,000.00. The disclosure for this purchase can be found here.

An institutional investor recently bought a new position in Crowdstrike stock. Commonwealth Equity Services LLC purchased a new stake in shares of Crowdstrike Holdings Inc (NASDAQ:CRWD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 6,035 shares of the company’s stock, valued at approximately $412,000.

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