Crowdstrike (NASDAQ:CRWD) Research Coverage Started at Oppenheimer

Oppenheimer began coverage on shares of Crowdstrike (NASDAQ:CRWD) in a research note released on Monday morning, BenzingaRatingsTable reports. The brokerage issued an outperform rating and a $90.00 target price on the stock. Oppenheimer also issued estimates for Crowdstrike’s Q2 2019 earnings at ($0.31) EPS, Q3 2019 earnings at ($0.21) EPS and Q4 2019 earnings at ($0.19) EPS.

A number of other equities research analysts have also recently issued reports on the company. Credit Suisse Group restated a hold rating on shares of FactSet Research Systems in a report on Monday. Bank of America restated a sell rating on shares of Deutsche Bank in a report on Monday. Jefferies Financial Group set a $150.00 price objective on Amedisys and gave the stock a buy rating in a report on Monday. Needham & Company LLC began coverage on Fiverr International in a report on Monday. They set a buy rating and a $31.00 price objective for the company. Finally, Macquarie began coverage on Crowdstrike in a report on Monday. They set an outperform rating and a $75.00 price objective for the company. Five investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of $78.19.

Shares of NASDAQ CRWD opened at $70.88 on Monday. Crowdstrike has a twelve month low of $56.00 and a twelve month high of $79.79.

In related news, major shareholder Capitalg Lp purchased 140,000 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The stock was acquired at an average cost of $34.00 per share, for a total transaction of $4,760,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Sameer K. Gandhi purchased 650,000 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The stock was bought 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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