Citizens Reiterates Bullish View on CrowdStrike (CRWD) With $550 Price Target

Group 1 - CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is recognized as a significant player in the AI stock market, with a Market Outperform rating and a price target of $550.00 from Citizens analyst [1] - The company's recent acquisitions in identity governance and secure browser sectors are aimed at closing functional gaps and enhancing competitive positioning against rivals like Palo Alto Networks [1] - Security executives are increasingly favoring larger platforms, which benefits CrowdStrike as it is positioned as the "first hyperscaler of cybersecurity" [2] Group 2 - The growth of artificial intelligence presents opportunities for CrowdStrike to boost sales of existing products and develop or acquire new tools tailored for AI security needs [2] - According to Citizens' Cyber 66 survey data, CrowdStrike is well-positioned to take advantage of the AI security market, with a consensus "Buy" rating from analysts and an average price target of $564, indicating a 24.26% upside potential [3] - The highest price target from analysts is $706, suggesting a potential upside of 55.55% [3]