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CrowdStrike's Potential Revenue Shortfall Won't Deter Growth, Analyst Says
CRWDCrowdStrike(CRWD) Benzinga·2024-08-26 16:04

Piper Sandler analyst Rob D. Owens reiterated an Overweight rating on CrowdStrike Holdings, Inc CRWD with a price target of $290. Delta Air Lines Inc DAL COO Mike Spanos shared plans to depart the company at the end of August, a little more than a month after the CrowdStrike outage, which caused Delta to file a lawsuit against CrowdStrike. The outages have reportedly cost Delta $350 million—$500 million, rendering about 60% of Delta's critical applications inoperable. Also Read: CrowdStrike Shares Showing S ...