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Barchart
Barchart
Mark R. Hake, CFA

CrowdStrike Holdings is a Favorite of Analysts - CRWD Price Targets Keep Rising

CrowdStrike Holdings (CRWD) is a favorite of stock analysts. They are continuing to raise their price targets. After all, it's expected to generate large amounts of free cash flow. Shorting OTM puts is a good play here.

CRWD closed at $292.24, up over $50 per share and +20% since its recent low of $242.25 on Sept. 11. I discussed how cheap it was in my Sept. 15 article, “CrowdStrike Stock is a Favorite of Contrarians, Value and Short-Put Investors.”

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