CRWD - $65 price target

CRWD up nicely today on an analyst note although the stock is still down significantly over the last month.…

Analyst Christopher Eberle said in a note to investors that the Sunnyvale, Calif., company was disrupting the endpoint security market with a “cloud-native security platform.”
Eberle said Crowdstrike’s proprietary technology, rapid customer adoption and open architecture will continue to drive greater adoption both with security and beyond.

CrowdStrike’s sales growth should continue to exceed expectations for “several years,” he said.

The company, which went public in June, has “one of the most attractive land-and-expand models in the enterprise software space,” Eberle wrote.