15 AI News That Broke The Internet This Week

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

Number of Hedge Fund Holders: 74    

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) provides cloud-delivered protection across endpoints and cloud workloads, identity, and data. The firm is harnessing artificial intelligence to streamline and strengthen cyber protection. On November 22, JPMorgan analyst Brian Essex raised the price target on the stock to $369 from $330 and kept an Overweight rating on the shares ahead of the Q3 report on November 26. The results could be much better than some anticipate, the analyst told investors in a research note. The advisory says expectations were revised materially lower last quarter and guidance established relatively conservative and wide goalposts to set expectations for performance after the unprecedented event.

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