CrowdStrike Holdings Inc. shares lagged the mostly positive cybersecurity sector Monday after an analyst, writing of potential risk to estimates, downgraded the stock two days ahead of the company’s earnings report.
In a Monday note, Morgan Stanley analyst Hamza Fodderwala downgraded CrowdStrike’s stock to equal weight from overweight and trimmed his price target to $167 from $178 ahead of the company’s fiscal second-quarter earnings report, due Wednesday after the market close. Analysts surveyed by FactSet estimate, on average, ARR of $3.14 billion for the quarter ending in October and $3.38 billion for the quarter ending in January. For fiscal 2024, analysts forecast ARR of $4.29 billion.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
CrowdStrike Stock Falls on Downgrade Ahead of EarningsMorgan Stanley analyst Hamza Fodderwala downgrades the shares to Equal Weight from Overweight, citing a difficult demand environment.
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »
CrowdStrike Stock Gets a Downgrade Ahead of EarningsMorgan Stanley analyst Hamza Fodderwala downgraded the shares to Equal-Weight from Overweight, citing a difficult demand environment.
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »
Morgan Stanley downgrades CrowdStrike ahead of earningsThe analyst lowered his price target to $167 from $178, which suggests the stock could still climb more than 11%.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »
Stocks making the biggest moves premarket: 3M, CrowdStrike, Xpeng and moreThese are the stocks posting the largest moves in premarket trading.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »
5 things to know before the stock market opens MondayHere are the most important news items that investors need to start their trading day.
Fonte: NBCLA - 🏆 319. / 59 Leggi di più »
The Investing Club's top 10 things to watch in the stock market MondayStocks are set to open the new week slightly higher, while Club name Danaher (DHR) plans to acquire life-sciences company Abcam (ABCM).
Fonte: CNBC - 🏆 12. / 72 Leggi di più »