CrowdStrike Shares Fall After Downgrade From Arete

MT Newswires Live
02-25

CrowdStrike's (CRWD) shares were down more than 2% in recent Monday trading after Arete downgraded the company's stock to neutral from buy, with a price target of $456.

Separately, TD Cowen also adjusted the company's price target to $450 from $380, while maintaining a buy rating.

Trading volume of CrowdStrike stood at about 3.9 million shares against a daily average of roughly 3.5 million.

Price: 396.14, Change: -10.55, Percent Change: -2.59

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