JMP Securities started coverage on shares of Crowdstrike (NASDAQ:CRWD) in a report issued on Monday morning, BenzingaRatingsTable reports. The brokerage issued an outperform rating and a $80.00 price target on the stock.

Several other research firms have also issued reports on CRWD. JPMorgan Chase & Co. upgraded M.D.C. from an underweight rating to a neutral rating in a research report on Monday. Royal Bank of Canada cut 3M from an outperform rating to a sector perform rating and dropped their price objective for the stock from $207.00 to $176.00 in a research note on Monday. Barclays upped their price objective on from GBX 7,500 ($98.00) to GBX 8,100 ($105.84) and gave the stock an overweight rating in a research note on Monday. Goldman Sachs Group restated a hold rating and issued a $8.40 price target on shares of Deutsche Bank in a research note on Monday. Finally, Needham & Company LLC initiated coverage on Fiverr International in a research note on Monday. They issued a buy rating and a $31.00 price target on the stock. Five analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average target price of $78.19.

CRWD opened at $70.88 on Monday. Crowdstrike has a fifty-two week low of $56.00 and a fifty-two week high of $79.79.

In other news, major shareholder Capitalg Lp bought 140,000 shares of the company’s stock in a transaction on Friday, June 14th. The stock was purchased at an average cost of $34.00 per share, for a total transaction of $4,760,000.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Sameer K. Gandhi bought 650,000 shares of the company’s stock in a transaction on Friday, June 14th. The stock was purchased at an average price of $34.00 per share, with a total value of $22,100,000.00. The disclosure for this purchase can be found here.

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Analyst Recommendations for Crowdstrike (NASDAQ:CRWD)

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