CrowdStrike Holdings Inc. (CRWD): Latest Stock News

Key Points

• CRWD stock is up 2% today.
• The company has recently announced a partnership with Microsoft.
• Analysts are bullish on CRWD's long-term prospects.

Overview

CrowdStrike Holdings Inc. (CRWD) is a cybersecurity company that provides cloud-based endpoint protection and threat intelligence services. The company's platform uses artificial intelligence (AI) to detect and respond to threats in real time. CRWD's customers include large enterprises, governments, and educational institutions.

Recent News

On June 28, 2023, CRWD announced a partnership with Microsoft to integrate its Falcon platform with Microsoft's Azure Sentinel security information and event management (SIEM) solution. This partnership is expected to give CRWD access to a larger market and help it to grow its revenue.

Analyst Ratings

Analysts are bullish on CRWD's long-term prospects. The average analyst rating for CRWD is "Buy" with a price target of $200. Some analysts believe that CRWD could reach $300 per share within the next 12 months.

Conclusion

CRWD is a leading cybersecurity company with a strong track record of innovation. The company's recent partnership with Microsoft is expected to help it to grow its revenue and market share. Analysts are bullish on CRWD's long-term prospects, and the stock is trading at a fair valuation. Investors may want to consider adding CRWD to their portfolio.