CrowdStrike (CRWD): Analysts See Best-in-Class Execution but Valuation Looks Full

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the AI Stocks Analysts are Tracking Closely. On November 19, Berenberg initiated coverage of the stock at “Hold” with a $600 price target. The firm acknowledges Crowdstrike’s “best-in-class execution,” but is keeping a neutral stance as it believes the optimism is already priced in. According to the firm, Crowdstrike’s cloud-native single-agent architecture positions it as “one of the most compelling long-duration growth stories in cybersecurity.” The com ...