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2021-06-22

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Stifel upgrades CrowdStrike to buy, says cybersecurity stock can rally more than 25%

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStifel upgrades CrowdStrike to buy, says cybersecurity stock can rally more than 25%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 19:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/22/crowdstrike-stock-upgrade-buy-stifel.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CrowdStrike’s rapid growth doesn’t show signs of slowing down any time soon, and it should lead to significant upside for its stock, according to investment firm Stifel.\nThe cybersecurity stock was ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/22/crowdstrike-stock-upgrade-buy-stifel.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRWD":"CrowdStrike Holdings, Inc."},"source_url":"https://www.cnbc.com/2021/06/22/crowdstrike-stock-upgrade-buy-stifel.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1129020783","content_text":"CrowdStrike’s rapid growth doesn’t show signs of slowing down any time soon, and it should lead to significant upside for its stock, according to investment firm Stifel.\nThe cybersecurity stock was one of the hottest bets on Wall Street in 2020, but shares retreated earlier this year and are now flat versus their early-February levels.\nStifel analyst Brad Reback upgraded the stock to buy from hold, saying in a note to clients on Monday evening that the company was still early in its growth stage.\n“While CrowdStrike’s subscription customer count has nearly tripled over the last 8 quarters, we continue to believe that CrowdStrike’s opportunity to source [annual recurring revenue] growth from new customer acquisition remains very early days when considering the degree to which legacy endpoint security providers scaled their respective customer counts over time,” the note said.\nStifel hiked its price target for Crowdstrike to $300 per share from $240. 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