Why CrowdStrike Stock Rallied as Much as 16% This Week

Shares of CrowdStrike (CRWD 0.88%) have surged this week, jumping as much as 16.3%, according to data supplied by S&P Global Market Intelligence. When the market closed on Thursday, the shares were still up 15%.The broader market has edged higher over the past week, which may have provided some momentum. Yet the cloud-based cybersecurity specialist was on the receiving end of an analyst upgrade and a veritable stampede of price target increases as Wall Street is increasingly bullish about CrowdStrike's pros ...