02:40 PM EDT, 07/09/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We downgrade our recommendation on CRWD to Hold from Buy but raise our target price to $555 from $517, on an EV/S of 23x our FY 27 (Jan.) sales projection of $5.85B, above its three-year average and software peers. We keep our FY 26 EPS view at $3.56 and FY 27's at $4.74. CRWD remains one of our top picks in the cybersecurity space as a major beneficiary of enterprise consolidation through whole platform adoption. We believe its Falcon Flex sales model and IT budgets prioritizing AI-powered solutions will be a positive driver for sustained high growth rates in the longer term. However, we note that valuation is at a three-year high (forward EV/S of 24.4x) from strong recent price momentum (+58% since April lows), and we see limited upside in the near term as expectations for 2H FY 26 ARR acceleration are priced in at this point, in our view. We are also wary of lingering economic uncertainty that could impact the timing of deals closing and its pipeline, weakening sentiment in the shares.