JPMorgan raised CrowdStrike (NASDAQ:CRWD) price target to $155 from $137

JPMorgan Chase at Crowdstrike (NASDAQ:CRWD) raised its price target to $155 from $137 and maintained its “overweight” rating on the stock after its fiscal fourth-quarter results. The analyst told investors in a research note that the company’s execution has improved compared to the previous quarter, and the business level has “recovered rapidly” from the previous quarter. The company said the results reflect strong demand for its AI-driven platform as Crowdstrike continues to consolidate its market share. The company continues to see Crowdstrike as one of the best candidates to consolidate market share and is encouraged by its ability to continue to improve in a challenging macro environment.

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