15 AI News Investors Shouldn’t Miss

Page 12 of 14

3. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Number of Hedge Fund Holders: 74   

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leader in cloud-delivered endpoint and cloud workload protection products. On December 2nd, Morgan Stanley raised the firm’s price target on CrowdStrike to $390 from $355 and kept an “Overweight” rating on the shares. The firm views less upside in the broader cybersecurity landscape, citing platformization headwinds and valuations above historical average levels. The company’s Falcon platform exemplifies “platformization” by integrating multiple security functions into a single, cloud-native, AI-driven solution. Regardless of such headwinds, the firm remains confident in companies such as Crowdstrike over the longer term.

Page 12 of 14