Crowdstrike (NASDAQ:CRWD) Receives New Coverage from Analysts at Jefferies Financial Group

Jefferies Financial Group started coverage on shares of Crowdstrike (NASDAQ:CRWD) in a research note released on Monday morning, BenzingaRatingsTable reports. The brokerage issued a hold rating and a $71.00 target price on the stock. Jefferies Financial Group also issued estimates for Crowdstrike’s Q2 2019 earnings at ($0.33) EPS, Q3 2019 earnings at ($0.23) EPS, Q4 2019 earnings at ($0.21) EPS, Q1 2020 earnings at ($0.16) EPS, Q2 2020 earnings at ($0.17) EPS, Q3 2020 earnings at ($0.15) EPS, Q4 2020 earnings at ($0.11) EPS, Q1 2021 earnings at ($0.09) EPS and Q2 2021 earnings at ($0.05) EPS.

Several other equities research analysts have also commented on CRWD. Barclays upped their price target on shares of from GBX 7,500 ($98.00) to GBX 8,100 ($105.84) and gave the company an overweight rating in a research report on Monday. Needham & Company LLC initiated coverage on shares of Fiverr International in a research report on Monday. They set a buy rating and a $31.00 price target for the company. Five equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Crowdstrike presently has an average rating of Buy and an average target price of $78.19.

NASDAQ CRWD opened at $70.88 on Monday. Crowdstrike has a 52 week low of $56.00 and a 52 week high of $79.79.

In other news, Director Sameer K. Gandhi bought 650,000 shares of Crowdstrike stock in a transaction that occurred on Friday, June 14th. The stock was bought at an average cost of $34.00 per share, with a total value of $22,100,000.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder Capitalg Lp bought 140,000 shares of Crowdstrike stock in a transaction that occurred on Friday, June 14th. The stock was 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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