CrowdStrike Earnings Show It’s a Top Cybersecurity Stock, Analyst Says

CrowdStrike’s


strong fourth quarter earnings and upbeat guidance underlines its status as one of the top performing software security names, according to one analyst.  

D.A. Davidson analyst Rudy Kessinger hiked his price target on the stock (Ticker: CRWD) to $165 from $145, maintaining a Buy rating Wednesday after the company’s earnings and guidance beat expectations. The stock pointed 6% higher to $132.45 in premarket trading.