Crowdstrike (NASDAQ:CRWD) Earns Buy Rating from Analysts at Bank of America

Bank of America initiated coverage on shares of Crowdstrike (NASDAQ:CRWD) in a research note published on Monday morning, BenzingaRatingsTable reports. The firm issued a buy rating and a $75.00 price objective on the stock.

Several other research analysts have also weighed in on CRWD. Piper Jaffray Companies set a $92.00 price objective on shares of Wintrust Financial and gave the stock a buy rating in a report on Monday. Stifel Nicolaus initiated coverage on shares of AAR in a report on Monday. They set a buy rating and a $50.00 price objective on the stock. Barclays increased their price objective on shares of from GBX 7,500 ($98.00) to GBX 8,100 ($105.84) and gave the stock an overweight rating in a report on Monday. Jefferies Financial Group set a $150.00 price objective on shares of Amedisys and gave the stock a buy rating in a report on Monday. Finally, Mizuho initiated coverage on shares of Crowdstrike in a report on Monday. They set a buy rating and a $80.00 price objective on the stock. Five investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company has an average rating of Buy and a consensus price target of $78.19.

Shares of CRWD stock opened at $70.88 on Monday. Crowdstrike has a 1-year low of $56.00 and a 1-year high of $79.79.

In other Crowdstrike news, major shareholder Capitalg Lp purchased 140,000 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The shares were purchased at an average price of $34.00 per share, for a total transaction of $4,760,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Sameer K. Gandhi purchased 650,000 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The stock was acquired at an average price of $34.00 per share, for a total transaction of $22,100,000.00. The disclosure for this purchase can be found here.

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Analyst Recommendations for Crowdstrike (NASDAQ:CRWD)

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