March 6 - Shares of CrowdStrike Holdings (CRWD, Financial) fell more than 6% on Wednesday after UBS Group analysts trimmed its price target from $450.00 to $425.00 while maintaining a buy rating.
The stock traded as low as $343 and last reached $356.5 amid volatile market conditions. Trading volume surged to 7,302,792 shares, which was about a 105% increase compared to the average session volume of 3,568,453 shares, following a previous close of $390.16.
In related reports, Mizuho raised its price target from $385.00 to $450.00 on February 12, issuing an "outperform" rating. Conversely, HSBC revised its outlook by changing its rating from "buy" to "hold" and setting a target price at $347.00.
In the current market environment, mixed signals from research firms have the potential to add uncertainty, and investors remain cautious. Investors are still cautiously investing in a volatile market despite conflicting analyst ratings and high market volatility. Trading activity continues to be rapid as investors quickly alter their outlook.
This article first appeared on GuruFocus.免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。