15 Trending AI Stocks on Latest Ratings and News

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7. 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 27, Needham raised the price target on the stock to $420 from $360 and kept a Buy rating on the shares. Crowdstrike outperformed all guided metrics in Q3, and Needham sees the relatively unchanged Gross Retention as supporting management’s strategy, in addition to the broader company’s execution in turning a crisis into an opportunity. At the same time, the advisory thinks management is appropriate in its tone that the company is navigating with reduced visibility.

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