CrowdStrike's Outlook, Buyback Plan Impress, But Some Analysts Say Valuation Limits Upside
1. CrowdStrike's quarterly results disappointed, causing a 4% stock drop. 2. Analysts downgraded ratings despite healthy ARR growth at 22%. 3. The company announced a $1 billion share buyback program. 4. Management expects NNARR growth to double in the second quarter. 5. Analyst price targets varied, indicating mixed sentiment among forecasters.