Crowdstrike (NASDAQ:CRWD) Coverage Initiated at CIBC

CIBC initiated coverage on shares of Crowdstrike (NASDAQ:CRWD) in a research note published on Monday morning, FirstToMarketsRatingsTable reports. The brokerage issued an outperform rating and a $90.00 price objective on the stock.

Several other research analysts also recently weighed in on CRWD. Mizuho assumed coverage on shares of Crowdstrike in a research note on Monday. They issued a buy rating and a $80.00 target price for the company. JMP Securities started coverage on shares of Fiverr International in a research note on Monday. They set an outperform rating and a $33.00 price objective on the stock. Macquarie started coverage on shares of Crowdstrike in a report on Monday. They set an outperform rating and a $75.00 target price on the stock. SunTrust Banks cut shares of SUNDANCE ENERGY/S to a hold rating in a report on Monday. Finally, Oppenheimer set a $176.00 price objective on shares of Jazz Pharmaceuticals and gave the stock a buy rating in a report on Monday. Five investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. The company has an average rating of Buy and an average target price of $78.19.

CRWD stock traded down $3.46 on Monday, hitting $70.88. 2,229,547 shares of the company were exchanged, compared to its average volume of 3,180,047. Crowdstrike has a twelve month low of $56.00 and a twelve month high of $79.79.

In other Crowdstrike news, 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 cost of $34.00 per share, with a total value of $22,100,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Capitalg Lp acquired 140,000 shares of the company’s stock in a transaction on Friday, June 14th. The shares were purchased at an average cost of $34.00 per share, with a total value of $4,760,000.00. The disclosure for this purchase can be found here.

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Analyst Recommendations for Crowdstrike (NASDAQ:CRWD)

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