CrowdStrike Faces Short-Term Challenges Like Pipeline Delays, Deal Scrutiny, and Discounting Pressure, Analyst Says
CRWDCrowdStrike(CRWD) Benzinga·2024-09-05 00:49

BofA Securities analyst Tal Liani maintained a Buy rating on CrowdStrike Holdings, Inc CRWD with a price target of $365.The price target reflects 17x Liani’s fiscal 2026 EV/Sales, which is a premium to high-growth Software as a Service (SaaS) peers, supported by CrowdStrike’s competitive solid positioning in endpoint security and long-term growth opportunities across Cloud security, log management, and identity protection.In addition, the analyst flagged CrowdStrike’s higher growth profile and potential to ...