Piper Jaffray Companies Initiates Coverage on Crowdstrike (NASDAQ:CRWD)

Piper Jaffray Companies initiated coverage on shares of Crowdstrike (NASDAQ:CRWD) in a research note issued to investors on Monday morning, BenzingaRatingsTable reports. The firm issued an overweight rating and a $75.00 target price on the stock. Piper Jaffray Companies also issued estimates for Crowdstrike’s Q2 2019 earnings at ($0.30) EPS, Q3 2019 earnings at ($0.21) EPS, Q4 2019 earnings at ($0.19) EPS, Q1 2020 earnings at ($0.14) EPS, Q2 2020 earnings at ($0.15) EPS, Q3 2020 earnings at ($0.13) EPS, Q4 2020 earnings at ($0.10) EPS, Q1 2021 earnings at ($0.07) EPS and Q2 2021 earnings at ($0.08) EPS.

Several other analysts have also recently issued reports on the stock. Jefferies Financial Group set a $150.00 target price on shares of Amedisys and gave the company a buy rating in a research report on Monday. Needham & Company LLC initiated coverage on shares of Fiverr International in a research report on Monday. They set a buy rating and a $31.00 target price on the stock. Goldman Sachs Group restated a hold rating and set a $8.40 target price on shares of Deutsche Bank in a research report on Monday. Stifel Nicolaus initiated coverage on shares of AAR in a research report on Monday. They set a buy rating and a $50.00 target price on the stock. Finally, Barclays upped their target price on shares of from GBX 7,500 ($98.00) to GBX 8,100 ($105.84) and gave the company an overweight rating in a research report on Monday. 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 an average rating of Buy and a consensus target price of $78.19.

Shares of NASDAQ CRWD opened at $70.88 on Monday. Crowdstrike has a 12-month low of $56.00 and a 12-month high of $79.79.

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