CrowdStrike Stock Rises as Some Analysts Say It's Time to Buy
CRWDCrowdStrike(CRWD) Investopedia·2024-08-07 01:41

Key TakeawaysCrowdStrike stock rose Tuesday, as Piper Sandler analysts upgraded their rating on the stock and outlined their vision for how the company can recover from last month's massive tech outage.The analysts said they believe financial impacts of the outage will be minimal, with the likely outcome that CrowdStrike loses a small number of customers and offers discounted services to retain some others.The analysts said any impact the outage will have on CrowdStrike's earnings is priced into the stock a ...