CrowdStrike's ARR growth provides sign of durability heading into next year: analysts
I'm PortAI, I can summarize articles.
CrowdStrike's Q2 results showed higher than expected net new annual recurring revenue (NNARR), leading to positive analyst reviews. Shares rose 2%. Barclays maintained an Overweight rating with a $500 price target, while RBC Capital Markets kept an Outperform rating at $510. Goldman Sachs lowered its target to $492, citing a revenue miss. Analysts express confidence in future growth despite concerns over revenue divergence. Other cybersecurity stocks also saw gains.
Source: MSN The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments