DA Davidson began coverage on shares of Crowdstrike (NASDAQ:CRWD) in a research note issued to investors on Monday, The Fly reports. The firm issued a neutral rating on the stock.
CRWD has been the topic of a number of other reports. Nomura initiated coverage on Crowdstrike in a research report on Wednesday, October 23rd. They set a buy rating and a $65.00 target price on the stock. Summit Insights initiated coverage on Crowdstrike in a research report on Wednesday, August 28th. They set a hold rating and a $75.00 target price on the stock. Citigroup initiated coverage on Crowdstrike in a research report on Monday, October 14th. They set a sell rating and a $43.00 target price on the stock. SunTrust Banks raised Crowdstrike from a hold rating to a buy rating and set a $80.00 target price on the stock in a research report on Wednesday, October 2nd. Finally, Goldman Sachs Group raised Crowdstrike from a sell rating to a neutral rating and dropped their target price for the stock from $66.00 to $55.00 in a research report on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and fourteen have issued a buy rating to the company. Crowdstrike currently has an average rating of Buy and a consensus price target of $83.14.
NASDAQ:CRWD traded down $1.07 during mid-day trading on Monday, hitting $56.00. The company had a trading volume of 1,597,551 shares, compared to its average volume of 2,779,571. The business has a fifty day simple moving average of $53.59. Crowdstrike has a 1 year low of $44.58 and a 1 year high of $101.88.
A number of large investors have recently bought and sold shares of the stock. First Trust Advisors LP grew its stake in Crowdstrike by 6.8% in the third quarter. First Trust Advisors LP now owns 103,271 shares of the company’s stock worth $6,022,000 after purchasing an additional 6,620 shares in the last quarter. Hudock Capital Group LLC acquired a new position in Crowdstrike in the third quarter worth about $32,000. Oppenheimer & Co. Inc. acquired a new position in Crowdstrike in the third quarter worth about $243,000. California Public Employees Retirement System acquired a new position in Crowdstrike in the third quarter worth about $2,256,000. Finally, Kovack Advisors Inc. acquired a new position in Crowdstrike in the third quarter worth about $842,000.
See Also: Penny Stocks, What You Need To Know
Receive News & Ratings for Crowdstrike Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crowdstrike and related companies with MarketBeat.com's FREE daily email newsletter.