Crowdstrike (NASDAQ:CRWD) had its target price raised by Macquarie from $75.00 to $100.00 in a research note published on Friday, The Fly reports. The brokerage currently has an outperform rating on the stock.

A number of other equities research analysts have also issued reports on CRWD. JPMorgan Chase & Co. raised shares of M.D.C. from an underweight rating to a neutral rating in a report on Monday, July 8th. Piper Jaffray Companies set a $92.00 price objective on shares of Wintrust Financial and gave the company a buy rating in a report on Monday, July 8th. JMP Securities assumed coverage on shares of Fiverr International in a report on Monday, July 8th. They issued an outperform rating and a $33.00 price objective for the company. Bank of America reissued a sell rating on shares of Deutsche Bank in a report on Monday, July 8th. Finally, Royal Bank of Canada lowered shares of 3M from an outperform rating to a sector perform rating and lowered their target price for the stock from $207.00 to $176.00 in a research note on Monday, July 8th. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The company has a consensus rating of Buy and an average price target of $84.47.

Shares of CRWD opened at $83.52 on Friday. Crowdstrike has a 12-month low of $56.00 and a 12-month high of $85.85.

Crowdstrike (NASDAQ:CRWD) last announced its quarterly earnings data on Thursday, July 18th. The company reported ($0.47) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.31) by ($0.16). The company had revenue of $96.10 million for the quarter, compared to analysts’ expectations of $95.60 million. The firm’s revenue for the quarter was up 103.2% on a year-over-year basis. As a group, research analysts forecast that Crowdstrike will post -1.29 EPS for the current fiscal year.

In other Crowdstrike news, Director Sameer K. Gandhi purchased 650,000 shares of Crowdstrike stock in a transaction dated Friday, June 14th. The shares were acquired at an average price of $34.00 per share, with a total value of $22,100,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, major shareholder Capitalg Lp purchased 140,000 shares of Crowdstrike stock in a transaction dated Friday, June 14th. The shares were acquired at an average cost of $34.00 per share, for a total transaction of $4,760,000.00. The disclosure for this purchase can be found here.

A hedge fund recently bought a new stake in Crowdstrike stock. Commonwealth Equity Services LLC purchased a new position in shares of Crowdstrike Holdings Inc (NASDAQ:CRWD) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,035 shares of the company’s stock, valued at approximately $412,000. Hedge funds and other institutional investors own 0.05% of the company’s stock.

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Analyst Recommendations for Crowdstrike (NASDAQ:CRWD)

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