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Truist lifts CrowdStrike 2027 price target to $300 from $245

Truist raised its CrowdStrike price target to $300 from $245 and kept a Buy rating, citing growing cybersecurity needs tied to artificial intelligence supporting broader platform use.

CRWD

CrowdStrike Holdings NASDAQ:CRWD received a higher target from Truist as the firm sees growing cybersecurity needs tied to artificial intelligence supporting broader use of the company's platform.Truist kept a Buy rating on the shares while raising its price target to $300 from $245.

The call comes…