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CRWD
Benzinga
3 hrs

CrowdStrike's Scale And Profits Make It Rare Asset In Software: Analyst

1. CrowdStrike is gaining market share in endpoint security and cloud protection. 2. Analyst upgrade raises price target from $440 to $600 due to growth optimism. 3. Strong recurring revenue growth projected through fiscal year 2027 and beyond. 4. Customer feedback indicates successful response to past outages and contract retention. 5. New AI tools and strategies position CrowdStrike favorably in the emerging cybersecurity market.

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FAQ

Why Very Bullish?

The upgrade and projected revenue growth suggest strong future performance, with potential parallels to prior market leaders like Palantir and Snowflake.

How important is it?

The article highlights significant analyst upgrades and positive customer feedback reflecting favorable prospects for CRWD, which aligns directly with market interest.

Why Long Term?

The forecast extends to fiscal 2027, indicating substantial long-term commitments leading to continued revenue growth.

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